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Barlow Lyde & Gilbert (BLG) is losing its entire eight-strong aviation team to rival insurance firm Holman Fenwick & Willan (HFW).
The loss of the eight partners continues a recent flood of departures from BLG after a strategic restructure last year that was designed to refocus the firm on its core insurance and contentious practices.
Chief executive David Jabbari said the departure of the aviation partners did “not in any way detract from that focus”.
“We’re already reaping the benefits of this strategy. Our focus remains on the implementation of the next phase of our strategic plans, growth, and further enhanced profitability for the forthcoming financial year,” added Jabbari in a statement.
He said BLG was also committed to exploring opportunities overseas.
HFW already has an aviation team, which advises on insurance and corporate matters for airline companies and insurers. Managing partner Greg Gray told The Lawyer the firm wanted to increase its capability in this area. “If we’re going to do it we want to take on a leading team and this is one of the leading teams,” Gray said.