RollOnFriday has been told that two of Trowers & Hamlins' most senior partners are defecting.
An insider says that Abdullah Mutawi, the firm's UAE Head, is off to Baker Botts and that he's taking Trowers' Middle East Litigation Head Lucas Pitts with him. A number of associates are expected to follow. The source reckons that this is the first time a Senior Equity Partner has resigned from the firm.
Trowers has had a tough time of it recently. Profits have collapsed, and the firm's own staff handed it this year's Golden Turd as the worst place to work in the City. These departures will leave the firm reeling: Trowers sells itself as the go to firm in the Middle East, and Mutawi in particular is one of the top M&A lawyers in the region. Baker Botts will be delighted.
Trowers wouldn't return calls and a spokesman for Baker Botts said that "I'm afraid I'm not able to offer any comment on this", so negotiations are clearly still ongoing.
Tip Off ROF
An insider says that Abdullah Mutawi, the firm's UAE Head, is off to Baker Botts and that he's taking Trowers' Middle East Litigation Head Lucas Pitts with him. A number of associates are expected to follow. The source reckons that this is the first time a Senior Equity Partner has resigned from the firm.
Trowers has had a tough time of it recently. Profits have collapsed, and the firm's own staff handed it this year's Golden Turd as the worst place to work in the City. These departures will leave the firm reeling: Trowers sells itself as the go to firm in the Middle East, and Mutawi in particular is one of the top M&A lawyers in the region. Baker Botts will be delighted.
Baker Botts yesterday |
Trowers wouldn't return calls and a spokesman for Baker Botts said that "I'm afraid I'm not able to offer any comment on this", so negotiations are clearly still ongoing.
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