Real Estate Lawyer, Partner c. £750,000
Real estate is the archetypal “cyclical sector” so, in the midst of Covid-induced economic torpor, it may seem a tad surprising that a law firm is looking to make a significant investment in a real estate lateral.
Nevertheless, this US headquartered law firm, one of the very few in London which undertakes real estate (not just corporate private equity real estate) in its widest sense, faces a pressing succession issue with the looming retirement of a real estate “name”.
Whilst the law firm will still retain a strong core real estate offering in London, supported by ancillary areas of real estate finance, construction, and property disputes, it is keen to re-stock with a real estate investment, or corporate real estate lawyer who, whilst benefiting from the redistribution of clients from the outgoing partner (particularly in the hotels and leisure space) will be able to add to, and grow, the existing rated offering.
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