ROYAL solicitors Farrer & Co is beefing up its private client base by poaching Stephenson Harwood's head of corporate tax and swallowing the
remainder of Rowe & Maw's private client department.
Stephenson Harwood partner John Carrell is heading for Farrers, where he
will be joined by Rowe & Maw's head of the private client department.
Carrell, who practised at Stephenson Harwood for 18 years, is set to head
a specialist tax team which provides advice to private, institutional and
corporate clients.
Richard Powles, who heads up Rowe & Maw's private client department,
starts this week. One assistant is going with him while the rest of the
department will be redeployed in other Rowe & Maw departments.
Powles was the last partner in the firm doing private client work
following the departure - as exclusively revealed in The Lawyer (3 May) -
of James Denker and Penny Chapman, who quit to join Westminster firm
Bircham & Co's charity unit.
As department head, Powles undertook a strategic review of the provision
of a private client service at the City firm, says a Rowe & Maw spokesman.
"His conclusion was that it no longer sat well within the firm. In effect
he managed himself out of a job," says the spokesman.
Powles, in his early 50s, was made head of private client at Rowe & Maw
after stepping down as managing partner last year.