Rakisons wins second Jeffrey Green partner

City firm Rakisons is hiring a new corporate and communications partner from rival Jeffrey Green Russell.

Rex Nwakodo follows his former colleague David Judah, who joined Rakisons in March. Nwakodo specialises in technology and internet law issues, with a number of e-commerce businesses as clients.

Judah says: "Rex is not only an e-commerce IT lawyer, but also corporate and commercial. He bridges this area of law, which is part of our strategy - to get lawyers that not only understand the law, but also understand the business of law."

The corporate and communications group at Rakisons and its clients now account for around 70 per cent of the firm's fees - it turned over £7.2m last year and it boasts eight of the firm's 17 partners.

Recent deals include advising PowerChannel Europe on its £13.5m investment by Granada Media Services, and acting for Redbus Group SA in connection with the listing of Redbus Interhouse on the TechMark index of the London Stock Exchange.