Clyde & Co has continued to boost its international arbitration team after picking up Berwin Leighton Paisner arbitration head Richard Power.
Power has been a partner in BLP for five years and has been as the firm’s co-head of international arbitration and head of energy disputes since December last year. He joins Clydes as a partner within its global arbitration group.
Clyde’s co-chair of global arbitration Peter Hirst said that Power’s expertise in energy disputes would help support the firm’s global network during a period of change in the sector.
Hirst said: “The fall in the oil price has caused much disruption in the energy sector. Cancellation of contracts, coupled with geopolitical instability and growing regulation further increases the prospect of disputes arising.”
Clydes has boosted its global arbitration team over the last 18 months with a number of high-profile international partner hires.
Clifford Chance’s China head of litigation and arbitration Patrick Zheng left to join Clydes in July last year. Zheng now acts as the firm’s managing partner for Beijing and plays a key part in developing Clydes’ presence in China and Korea.
During the same week the firm also added Eversheds Middle East chairman Chris Jobson to the ranks of its Abu Dhabi office. His clients include regional and international energy companies, financial institutions, protection and indemnity clubs, ship owners and logistic organisations.
During 2014 Clydes’ global arbitration group acted in six arbitrations valued over £1bn and nine that were valued at more than $250m.