Matthew Arnold & Baldwin to close following partner exits to Dentons and Hill Dickinson
Watford-based firm shuts following the loss of banking practice to US giant with remaining lawyers joining a variety of firms
January 12, 2016 at 11:15 AM
2 minute read
Matthew Arnold & Baldwin is to be carved up by Dentons, Hill Dickinson and Veale Wasbrough Vizards and will stop trading on January 31.
Following on from Dentons' announcement last week that it is to hire MAB's banking litigation team, it has emerged that the remainder of the firm will split between Hill Dickinson and Veale Wasbrough Vizards.
Equity partners Iain Donaldson and Mark Weston are set to join Hill Dickinson in London by the end of January along with several of their respective teams and the rest of the lawyers are set to join Veale Wasbrough Vizards.
Donaldson heads the firm's wealth management team while Weston is head of MAB's commercial, intellectual property (IP) and IT team and head of the firm's technology sector group.
Donaldson has been with MAB since 1992 and has been a partner since 2012. His practice focuses on tax, probates, trusts and wealth protection for clients including accountancy firms, high net worth individuals and charities.
Weston trained at Allen & Overy before joining Baker & McKenzie as an associate in 1997. In 2003 He joined Fidex Law as a partner before moving to MAB in 2004.
He advises on commercial matters, IT and IP issues in relation to the technology sector.
Hill Dickinson managing partner Peter Jackson said the pair's "wealth of expertise" would "further bolster the firm's presence in the commercial sector and complement its existing strengths and client base".
Last week Dentons acquired MAB's entire banking and finance litigation team, comprising 11 partners, 34 associates and 30 paralegals.
Co-led by partners Steven Mills and Clare Stothard, the practice is predominantly focused on financial litigation and investigations work for major banks.
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