BLP adds regulatory might with A&O hire

BLP adds regulatory might with A&O hireBerwin Leighton Paisner (BLP) has signalled its ­commitment to its financial services regulatory team with the hire of Allen & Overy (A&O) partner ­Sidney Myers.

Myers is currently head of A&O’s regulatory investigations group; he will join BLP in the newly created role of head of financial services and run a team of six partners that was created three years ago. Myers will make the switch in January.

BLP head of corporate John ;Bennett ;said: ­“Regulation is perceived by senior people [at our clients] as business-critical. With high-profile investigations such as Northern Rock and Société Générale, and with the credit crunch, we’re seeing a change in the ­regulatory landscape.

“We’ve got a great team, but wanted to bring in a top-tier practitioner. [Myers has] the combination of credibility and drive and was keen to accept the ­challenge. The team here had all worked with him or knew him from industry networks.”

Myers has been at A&O since 1982 and has been a partner for the past 17 years. It is understood that BLP ;wooed ;him ;with a remuneration package ­typical of those agreed with other high-profile lateral hires such as Chris De Pury.

With Myers’ move from A&O, ;partner ;Calum ­Burnett has been handed the role of running the magic circle firm’s regulatory ­investigations practice.