Energy partner joins to service oil and gas boom as financial services gains new head
Norton Rose is ramping up its London practice as it takes on new partners in the financial services and oil and gas groups. Malcolm Groom joins from energy company Consort Resources where he was part of a three-man executive team. Before that, he was head of Denton Wilde Sapte's energy and infrastructure group. Groom, who joins Norton Rose at the beginning of October, is a specialist in energy law and has advised both governments and state agencies on upstream regulatory structures. He has worked in the former Soviet Union countries, Europe, Australia and Africa. Projects partner John Ellis said that the firm hired Groom because he was a well known lawyer in an expanding practice area. "There are new discoveries in the energy markets, particularly in the former Soviet Union countries," he said. "Because of this, oil and gas pipelines need to be built. And there is also the privatisation of the state energy companies in a number of the emerging companies." Financial services lawyer Carmen Reynolds joins from Slaughter and May where she was a senior associate. Reynolds has a background in corporate and finance law and has experience of working on acquisitions and disposals in the financial services sector. At Norton Rose she will become head of the financial services group where she will take on an advisory role, while also working on the regulatory side of corporate deals. She said that her move to Norton Rose is a brilliant opportunity. "The firm has a great financial institutions client base and it is a growing practice area," she said.
"There are new discoveries in the energy markets particularly in the former Soviet Union countries" John Ellis, Norton Rose
Norton Rose has merged with the Cologne office of the now defunct law firm Gaedertz. Originally, there were plans to secure a merger with the whole firm, but in November negotiations broke down. Since then, Latham & Watkins has joined forces with the Hamburg office, while Mayer Brown & Platt has linked up in Frankfurt.