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Barlow Lyde & Gilbert (BLG) partner duo Mike Munro and James Parker have become the latest to quit the firm amid a string of partner exits.
The pair are set to join CMS Cameron McKenna’s financial services and capital markets team in the coming months.
Munro, who specialises in insurance and reinsurance, has been with the firm since 2002, when he joined from Clyde & Co.
Until recently Parker headed the firm’s life, annuity and pensions group. In March, he advised long standing client Abbey Life on a £3bn pension liability deal with BMW (1 March 2010).
The hires come after Camerons restructured its practice groups in May to create a commercial, regulatory and disputes (CRD) practice.
UK practice group head Liam O’Connell said: ”We have a clear strategic focus on the financial services, capital markets and insurance sectors and see continued convergence between them.
“As a firm, we’re committed to further co-ordinating, strengthening and broadening our offering to clients operating in these markets and these new hires are a significant step towards this goal.”
Earlier this month, BLG announced a shake-up of its management line up with Munro replaced by partner Simon Gamblin as head of the firm’s corporate group (1 November 2010).
At the time BLG chief executive David Jabbari said the firm anticipated “four or five” corporate partner exits in the wake of the restructure and this would also mean associate departures as the firm works to recalibrate its partner to associate ratio.
Last month, Taylor Wessing tapped the firm for three litigation partners, including practice chief Julian Randall, who had been with BLG for decades (8 November 2010).