BLP corporate crime co-head moves to Dentons
Daren Allen's move follows the breakdown in merger talks between BLP and Greenberg Traurig
March 18, 2016 at 08:47 AM
3 minute read
Berwin Leighton Paisner (BLP) co-head of corporate crime and investigations Daren Allen has moved to Dentons.
Allen, who had been a commercial dispute resolution partner at BLP for five years, was previously a partner at DLA Piper for almost 15 years.
He advises on fraud, corruption, and money laundering matters including Financial Conduct Authority (FCA) investigations, multi-jurisdictional investigations and asset tracing.
Jeremy Cohen, Dentons' chief executive officer for the UK, Middle East and Africa, said Allen's arrival would "greatly strengthen" the firm's financial disputes and regulatory practice, which is a "growing and strategically important part of the UK business".
He added: "Our involvement in a number of high profile cases has enhanced the Firm's reputation for banking litigation, and it is important for us to capitalise on this as well as the anticipated rise in regulatory disputes over the next few years."
His move to Dentons will see him reunited with BLP's former head of corporate David Collins, who joined the firm in December.
BLP has seen a raft of partner exits in recent months including head of structured debt and capital markets Paul Severs, who left the firm to join Paul Hastings in November 2015.
A spokesperson for BLP said the corporate crime practice was now solely headed by Allen's former fellow co-head Aaron Stephens.
Allen's move follows the break down in merger talks with Greenberg Traurig on Wednesday (16 March). As Legal Week reported yesterday (17 March), the reasons behind the failure of talks include differences over pay systems and culture.
The BLP partner's move to Dentons, further bolsters the global firm's UK arm. The firm, which has experienced massive global growth following seven mergers over the past 18 months, discussed some of its plans for UK growth with Legal Week this week.
The global firm aims to double the revenue generated by its UK corporate practice within five years.
Dentons is looking to improve in the underweight, UK practice area, according to its new corporate chief David Collins.
"Given the overall size of Dentons globally, UK corporate ought to be bigger due to the importance of the jurisdiction as a leading global financial centre," he says. "Over the next three to five years, the aim is to double the UK corporate practice's revenue."
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