Nabarros is currently less well known for its construction expertise than BLP, making the hire of Fleet a major coup for the firm. He will join the projects group in December.
Fleet, who has also worked in-house in the industry, will focus on real estate construction as opposed to PFI and projects. Senior partner Simon Johnston said Fleet was an excellent fit with the increasing flow of international work Nabarros is acting on with best friends Gassner Stockmann & Kollegen in Germany and August & Debouzy in France.
BLP managing partner Neville Eisenberg said: “Terry joined us 15 years ago to build up our construction capability. He's achieved this and we now have one of the largest and most prestigious teams in the City, with over 25 fee-earners. Terry now wishes to move on to a new challenge and we wish him well.”
Julian Holloway, a specialist in contentious construction issues, will take over as head of the group.
Nabarros has also hired Barlow Lyde & Gilbert corporate finance partner Roger Gregory to develop further its private equity practice, as well as Linklaters senior associate Andrew Kinsey as a partner in real estate.
“Roger's very well connected in the industry, so we're very excited about teaming him up with our private equity practice,” said Johnston.
At a recent partnership conference, Nabarros reaffirmed its investment plans and has so far managed to steer clear of redundancies.