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TLT has lost an equity partner and two lawyers from its City corporate team to DWF.
Corporate partner Richard Tall left TLT last Friday (31 January) along with associates Joe Cobley and Caroline Urban.
The team, which started at DWF on Monday (3 February), is thought to have generated around 10 per cent of TLT’s approximately £10m London revenue last year.
Tall was with TLT for 16 years, transferring from the Bristol office to London in 2010. He was head of the commercial services department in London and brings clients such as Peninsula Finance and Enterprise Investment Scheme with him to DWF.
He specialises in financial services, particularly acting for bidders, targets and financial advisers including major listed companies.
DWF London head of corporate Jay Birch said: “Richard has first-rate M&A expertise and an in-depth understanding of financial services institutions, broadening and deepening both our corporate capability and our financial services offering.”
TLT launched in London with a boutique merger with 11-partner firm Lawrence Jones (11 April 2005). The firm then brought a further five senior advisers and a range of private clients with the acquisition of London firm Constant & Constant in June 2007 (4 June 2007).
The news of Tall’s hire by DWF follows that of Lawrence Graham employment partner Helga Breen, who joined the firm last month to lead the London employment team (16 January 2014).
DWF is expected to move to London’s Walkie Talkie building after its completion in April 2014 (13 January 2014). DWF posted turnover of £188m at the close of 2012/13, an 84 per cent increase from £102m last year (6 June 2013).
TLT corporate head John Wood said: “Our growing national team of corporate lawyers will continue to advise our UK-wide client base. Two recent hires include corporate partner Jon Close and specialist energy and renewables corporate associate Kay Hobbs.”