In a blow to Lovells’ acquisition finance practice, star banking partner Adam Freeman has quit to join Linklaters.
Freeman’s resignation was announced to the Lovells partnership last night, but the terms of his exit have not yet been finalised.
Freeman’s promotion to the partnership in 2003 formed part of a renewed push by Lovells into banking. His clients include CIBC and Societe Generale.
Although Lovells captured SocGen’s first acquisition finance mandate following its panel, but has been unable to lever itself out of mid-tier transactions. This is understood to be one of the reasons behind Freeman’s decision to join Linklaters.
Lovells and Linklaters declined to comment.