So, Mayer Brown Rowe & Maw’s 2008 move into its new premises at 201 Bishopsgate looks set to ruffle a few feathers.
As first reported on www.thelawyer.com (13 February), the US firm has agreed non-binding heads of terms with the British Land Company, and the firm’s head of its European real estate group Jeremy Clay has admitted that the firm hopes to strike up more than just a landlord-tenant relationship with the property company.
“We’ve not acted for them before, but we do hope to establish a relationship going forward. Real estate would be the obvious choice, but in the wider sense so would corporate,” said Clay.
A partner at a rival firm, which is a longstanding adviser to the British Land Company, was quick to comment, saying: “They have an opportunity to get a foot in the door, but nothing more. The company will want to get the right lawyer for the right job. They might try someone else, but in the long term they know and trust us.” Get the latest news and an irreverent commentary delivered to your desktop every day by subscribing to Lawyer News Daily.
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