Roger Formby reckons that 38 years at the City firm – his entire working life as a solicitor – and 12 years as its managing partner was “long enough” and it was time for a change.
The 61-year-old property law specialist has retired from Macfarlanes and will initially take up the mantle at the Surrey commercial firm three days a week.
Formby declares: “There's a lot of life in me yet.”
He says: “My new role involves trying to help the partners run all the administration of the business. It won't be very different from my last role.
“Mundays is a very good firm. It is similar to Macfarlanes, albeit in a different market – particularly in the way it concentrates on quality of practice and of people.”
He says in terms of size, 14-partner Mundays reminds him of how Macfarlanes was about 25 years ago, but he has “no regrets” about moving to a smaller firm.
“The jobs done in the City may have more noughts on the end of the price, but it doesn't mean they are any more important to the people doing them. Clients still want the job done.”
He admits that leaving Macfarlanes has been “a wrench”, but he remains upbeat: “I can make new friends and contacts here.”
His appointment frees Mundays' managing partner, Ray Walley to concentrate on building up his IT and tax practice.
Mundays' senior partner Peter Munday says: “While working in the City, Roger has lived locally and is ideally suited to help us in the next stages of our development.”