Addleshaws raids Paisner & Co in bid to triple London partners

Addleshaw Booth & Co has poached its second partner from Paisner & Co in just six months.

Margaret Tofalides is following in the footsteps of her colleague Simon Twigden, who will now head Leeds-based Addleshaws' London office.

Tofalides, who has been at Paisners in the capital for 11 years, will join Addleshaws today as an IP partner and will work alongside Twigden, a reinsurance dispute resolution partner.

Twigden, who quit Paisners in March, has been promoted to partner in charge of the London practice, taking over from banking partner Mark Chidley.

An Addleshaws' spokeswoman says: “Chidley was instrumental in setting up the London office, but it was always seen as an interim step to have Mark holding the reins.”

Harold Paisner, senior partner at Paisners, says of Tofalides' move: “It is a perfectly amicable departure.

“The opportunity arose but we are sorry to lose her, she has been a very good lawyer here.”

Addleshaws' London office is run with four partners, but Twigden says that number will increase to 15 by next summer through organic growth and lateral hires.

Twigden says: “We are talking to a huge number of people, but the discussions are at different stages of progress.”

The firm also recently recruited two assistants to its London office. Steven Gallagher joined the firm as a senior commercial litigator from Richards Butler.

Stephanie Bennett, who was formerly with Denton Hall, specialises in professional negligence and insurance matters.

Twigden says although the firm is relatively new to reinsurance work, he is hoping to bolster the area and add to existing clients which include Royal & SunAlliance and CGU.

Twigden says: “London is still a new venture. It was opened in November after our clients, including 3i and Sainbury's, said we needed to have a London base.”