BLP launches dedicated derivatives team with Linklaters hire
Berwin Leighton Paisner (BLP) is set to launch a standalone derivatives team with the hire of James Duncan from Linklaters. Duncan will join the City law firm as a partner in March to launch the new group after 13 years as a lawyer with Linklaters, where he is a counsel.
January 21, 2010 at 04:03 AM
2 minute read
Berwin Leighton Paisner (BLP) is set to launch a standalone derivatives team with the hire of James Duncan from Linklaters.
Duncan will join the City law firm as a partner in March to launch the new group after 13 years as a lawyer with Linklaters, where he is a counsel.
He recently advised PricewaterhouseCoopers on the Lehman Brothers administration and will undertake a role at BLP advising on structured products.
The hire marks the launch of BLP's standalone derivatives team, which will sit within the finance practice. The firm plans to grow the practice over the next three years to include three or four dedicated partners. At present some of its finance partners cover derivatives matters, but none are specialists in this area.
Capital markets partner Paul Severs said: "[Duncan] is a senior lawyer with superb experience in derivatives and is well respected by clients. He is highly intelligent and motivated. He has relationships with clients well known to the market and with whom BLP has existing relationships."
BLP already advises on structured products and is advising in relation to the restructuring of some 40 securitisations affected by the collapse of Lehman Brothers, worth $25bn (£15.3bn).
Duncan's hire is part of BLP's wider strategy to significantly boost its finance capabilities.
The firm hired leveraged finance partner Andrew Bamber in June last year from Allen & Overy where he had been a partner for the previous seven years. Other finance hires include structured finance partner Richard Hughes from Sidley Austin in May 2009.
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