Taylor Wessing has hired SJ Berwin partner Tandeep Minhas to its financial institutions and markets group.
Minhas is a corporate partner who has worked on all aspects of corporate finance M&A work, including public takeovers, fundraisings and IPOs, company and business acquisitions and disposals, joint ventures and reorganisations.
During her time at SJ Berwin she advised Christian Candy’s CPC Group on a swap with Icelandic bank Kaupthing after the UK arm of Kaupthing, Kaupthing Singer & Friedlander went into administration.
Her client picked up 100 per cent of a deal in a luxury Beverly Hills residential project, allowing the property developer to exit Noho Square in Fitzrovia, London (10 November 2008).
At Taylor Wessing she will form part of the financial institutions and markets group, working closely with partners Tim Stocks, Robert Fenner and Will Belcher, bringing the total number of partners in the group to eight.
Head of the UK financial institutions and markets group Tim Stocks commented: “The appointment of Tandeep to our financial institutions and markets practice is evidence of our continued commitment to the sector. We’re delighted that Tandeep has chosen to join Taylor Wessing, she brings a wealth of expertise that ideally complements our existing team.”
Minhas is the latest in a line of partners to leave SJ Berwin. Last month property litigation head Michael Metliss left for Berwin Leighton Paisner and competition partner Niamh Grogan went to Lloyds Banking Group (8 November 2010).
In September real estate head Jon Vivian quit the firm to join Irwin Mitchell taking partners Lewis Myers, Rob Thompson and Jo Footitt with him (27 September 2010).
Readers' comments (18)
Anonymous | 8-Dec-2010 7:00 pm
Are SJB actually screwed? Nothing but bad news about them in the news at the moment, and I'm hearing more and more wanting to jump ship from my mates.
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Panic buyer | 9-Dec-2010 1:27 pm
I better pick up a SJB partner while there's still some left!
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Anonymous | 9-Dec-2010 3:10 pm
Anyone remember Heller Ehrman? The death spiral continues . . . eventually an important group will break off, and that will be it.
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Rhubarb & Custard | 9-Dec-2010 4:21 pm
This is hardly a mass exodus for a firm that size. Sounds like recruiters and headhunters trying to stir up some lateral action before Xmas to make sure they get their bonuses....tsk, tsk.....how you headhunters play...
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sjber | 9-Dec-2010 5:18 pm
The writing was on the wall when all the important funds partners left for K&E.
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Collaterly Sisters | 9-Dec-2010 6:31 pm
Rhubarb & Custard - yes that may well be the case. Alternatively, SJ Berwin is a desperately unhappy firm in which the majority of the partnership want to leave. If I had to put money on what scenario is more realistic I'd go for the latter.
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Anonymous | 10-Dec-2010 10:35 am
I suppose the 9% turnover rise and significant increase in profit margins is also bad news? As for the comment on the fund partners; get with the latest that is terribly old news and not at all in keeping with the department's excellent performance.
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Anonymous | 10-Dec-2010 11:17 am
Meltdown? Not yet.
Profound crisis. Undoubtedly.
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Anonymous | 10-Dec-2010 12:09 pm
Well you're bound to get a profit margin increase if you lay off so many staff: the real impact of the partner departures hasn't yet been felt. The turnover increase is easy, after they dropped so much last time.
I see they're voting on restructuring the governance system in a way that will apparently bring more new faces into it: how will this do for stability?! The total lack of communication and eventual failure of the Proskauer Rose merger were among the main reasons for one or two partners leaving, that I know for sure.
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sjber | 10-Dec-2010 12:14 pm
I am "getting with the latest": disastrous failed merger and continued partner exits.
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Anonymous | 10-Dec-2010 2:06 pm
It is so easy to tell when people don't actually work at SJ Berwin. Easy because their facts are wrong. Instead their main source of information comes from the rumours they read about in Legalweek.com etc.
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Anonymous | 10-Dec-2010 3:36 pm
they should merge with BLG. Looks like they have the same spin doctor already.
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Anonymous | 10-Dec-2010 4:10 pm
It is really easy to tell when people don't work at SJ Berwin: they're happy, profitable and aren't so concerned about their job prospects that they have to go on the internet to defend their firm.
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Anonymous | 11-Dec-2010 12:22 pm
It is really easy to tell when people don't work at SJ Berwin: they're happy, profitable and aren't so concerned about their job prospects that they have to go on the internet to defend their firm....
...but feel the need to go on the internet to hate on other firms...
A real happy bunch we are :)
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Anonymous | 12-Dec-2010 2:07 pm
It is really easy to tell when people don't work at SJ Berwin: they're happy, profitable and aren't so concerned about their job prospects that they have to go on the internet to defend their firm....
...but we love going on the internet to bad mouth berwins. Such a happy bunch we are! :)
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Anonymous | 13-Dec-2010 8:12 pm
I like SJ Berwin - does that make me odd ?
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PtL | 15-Dec-2010 5:01 pm
A SJ Berwin partner defects to Taylor Wessing. If you had suggested that a few years ago, you would have been thought bonkers....unless she had to leave of course.
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lawyer | 16-Dec-2010 3:06 pm
Tandeep didn't "defect" - she was pushed from SJB
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