Macfarlanes has lost two partners from its real estate practice just months after the group was broken up into three separate teams, acting within existing practice areas.
Planning head Ian Ginbey is set to join Clyde & Co next month to lead its planning practice while Richard Reuben will join Fladgate.
The real estate team at the City firm was reorganised last September with the former stand-alone practice divided largely between its corporate, litigation and private client departments. At the time, the firm maintained that headcount would be unaffected except for two retirements from the partnership.
Reuben, who has been a partner since 1988, was one of the two retirees, but he has since accepted an offer from Fladgate.
Managing partner Julian Howard described Gibney’s move as “a personal decision”.
He added: “Ian wanted to move to a firm where he thinks there will be a better fit for where he wants to take his planning practice.”
Clyde & Co real estate partner Martin Quicke said: “We’re actively strengthening the breadth and depth of services that we provide in real estate sector following on from our agreement with Shadbolt a year ago. Ian brings with him extensive experience in high-value, complex planning cases and he’ll be an invaluable addition to our growing team.”
Partner exits have been something of a rarity at Macfarlanes over the years, although M&A partner Tim Lewis did leave last year to join Clifford Chance.