Is it more than just bittersweet irony that Freshfields is losing its global head of restructuring in the midst of its own firmwide restructuring? See story
Yes, Sandy Shandro is heading for pastures new, and what could make for a happier ending than the seasoned City lawyer turning to academia in the twilight of his career as dean of UCL.
There is a general feeling among City lawyers that restructuring as a practice area will become pretty important over the next year or so.
And yet, as has been stressed on more than one occasion, Freshfields’ own timing couldn’t be better. Painful restructuring has been somewhat mitigated by the fact that the firm’s powerful M&A engine is running on all cylinders right now, with today’s EMI deal just one example of the firm’s blue chip client roster.
Let’s hope Shandro’s successor comes quickly to the fore so that Freshfields too can live happily ever after.