The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Charles Vernon, a US-qualified attorney, has joined the Bucharest branch of City firm Taylor Joynson Garrett, strengthening its presence in a region it sees as having "huge potential".
He joins from the Saudi Arabia office of US firm Graham & James, which is affiliated to TJG. He is the third expatriate lawyer in TJG's Romanian office, having joined English-qualified Nicholas Hammond and Oliver Meister. In addition there is a team of three-to-five local-based lawyers. The firm is currently recruiting after the recent departure of one of the Romanian lawyers.
Vernon's specialisms are cross-border transactions and international mergers and acquisitions, but he described himself as a "good general corporate lawyer".
"There are lots of different types of work to be done; banking and securities work is very hot at the moment - we all do a little of everything," said Vernon. "It's a period of change but the potential is huge."
Mark Fletcher, a partner based in London, agreed, saying that apart from the former Soviet Union, Romania had the second largest population in eastern Europe and "before the fall of the wall had a GDP comparable with that of Spain".
He added: "There was a stampede of firms going to Moscow and Warsaw, and there is only one other English firm in Bucharest, so it seemed sensible to set up in Romania."