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Norton Rose is to shuffle its dispute resolution team following the retirement of litigation star James Bagge at the end of this month.
Norton Rose set for rejig as disputes star Bagge retires" /> Norton Rose is to shuffle its dispute resolution team following the retirement of litigation star James Bagge at the end of this month.
Bagge stood down as global chief of dispute resolution last February, as he felt "new blood" was needed following his tenure of four and a half years as the deputy and then head of contentious.
Stepping down from this role led to the former soldier and barrister co-leading the 12-partner regulatory investigations and enforcement team along with partner Charles Evans, who will now take the group forward alone.
Bagge said Evans, competition partner Sam Eastwood and fraud senior associate Adam ;Vause ;have ;the expertise to carry on his role.
"Due to the foresight of Michael Lee, the then head of litigation, I was recruited from the Serious Fraud Office [SFO] and over the years we've succeeded in building up a body of talent in what is now a critical area for international law firms," said Bagge.
Bagge is known as one of the doyens of financial services and for shaping the arena as it has evolved.
He had been hotly tipped to take on the SFO directorship, which ended up going to barrister Richard Alderman, the director of national teams and special civil investigations in Her Majesty's Revenue and Customs.
As for his future, Bagge said: "The message is that I'm retiring, but not 'retiring retiring', as I'm not very good at golf."