The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
MacGregor, the relationship management partner for Canary Wharf, is understood to have been offered a guaranteed £800,000 to leave Clifford Chance to oversee BLP’s real estate practice.
MacGregor was at the top of Clifford Chance’s equity structure, which stood at £630,000 in 2003-04.
The appointment is a coup for BLP’s real estate practice, which has suffered criticism in recent months for a perceived lack of management direction and a spate of departures, including those of real estate partners Daniel Lipman and Rachel Phillips.
It also signals an end to BLP’s protracted search for a new head of real estate, which started in March 2003 after the former head Phillip Bretherton stood down.
At the time, deputy head Claire Milton took on external client duties, with real estate partner Susan Millar looking after internal management.
MacGregor is understood to still be in negotiations with Clifford Chance regarding the timing of his exit, although his departure was announced to the firm’s real estate practice on Friday (15 October).
Clifford Chance senior partner Stuart Popham said the departure was amicable and the firm wished him well in his new role.