Eversheds axes London private client business

Eversheds has decided to cease its private client function in London and has reached an agreement to transfer the practice to Dawsons.

Under the arrangement, Eversheds partner Neil Morris will be joining Dawsons from 30 April 2004. Partner Nigel Porteous will move to Maples & Calder in the Cayman Islands at the same time.

An Eversheds statement said: “This is part of the continued strategic review of Eversheds’ private client function, which resulted in the transfer of the Monaco operation to Lawrence Graham earlier in the year and its stated desire to concentrate upon its corporate client base in London.”