Taylor Wessing taps Clydes for insurance hire” />Taylor Wessing has hired Clyde & Co insurance litigation partner Anthony Menzies in a bid to become a bigger player in the insurance field.
While Taylor Wessing does not have as high a profile as Clydes in the insurance market, Menzies said for him that was one of the main attractions of the firm.
He added: “The difficulties one has with the more mainstream ‘EC3’ firms is conflict, particularly if, as is true in my case, your major business is in reinsurance.”
Menzies explained: “In reinsurance you often have two institutional clients going against each other – a reinsured against a reinsurer – and it is very difficult to navigate through the conflict issues.”
Taylor Wessing’s insurance team is headed by partner James Crabtree (pictured) and has roughly 20 lawyers throughout the firm’s global network.
Menzies added: “I think it is a growing practice at Taylor Wessing – but nevertheless a practice where reinsurance forms a smaller part of the practice. If I get an instruction I can take it.”
Menzies is dual qualified in England and Wales and as an attorney-at-law in the Cayman Islands. He specialises particularly in advising on litigation and arbitration for insureds, insurers and resinsurers in the UK, Bermuda and the Cayman Islands.
Taylor Wessing recently opened an office in Beijing and is looking to expand its Middle East practice heavily.
The firm is also currently involved in a New York legal battle with US firm Nixon Peabody after merger discussions between the firm and Taylor Wessing’s Paris office fell apart (as reported The Lawyer 11 August.