Shepherd & Wedderburn is opening a permanent office in London to service its technology, media and telecommunications (TMT) clients.
To launch the office it is taking on Stephen Hubner from Stephen Kingsley Associates, a small telecoms firm which is shutting its doors after 13 years.
Hubner was with Bird & Bird until three years ago when he was reunited with Stephen Kingsley at his eponymous firm. The two met when Hubner was Kingsley’s trainee at Bird & Bird 15 years ago.
Shepherd & Wedderburn curreNTLy has a project office in London but does not have anyone permaneNTLy based in the capital. Hubner will move over with his assistant on 2 July to launch the office.
He said that his move came about after informal talks with Shepperd & Wedderburn. “It is a good firm and I’ve been working with them on various projects. We have several mutual clients,” he said.
Shepherd & Wedderburn chief executive Paul Hally said: “In the short-term, the London office will focus on private equity, pre-initial public offering (IPO) fundraisings and M&A work for technology companies, as well as capital projects work, particularly for the telecoms sector. Many of our clients are targeting an IPO and we expect a good flow of TMT flotations to be handled by the new office.”
Kingsley decided that his firm is not viable with just three lawyers and reached agreement with Hubner that they would go their separate ways. “[Hubner and I] got together fairly receNTLy, the idea being to achieve something better together than we could do separately, but both of us now need a bigger platform,” Kingsley says. “If I can persuade someone to take me on as a geriatric then I will be moving. My clients have promised me more work if I move to a bigger firm.”
While Kingsley does mostly telecoms work at the moment he is hoping to move into other areas.