Kirkland & Ellis scoops Schroders head of legal

The soon to retire head of legal at Schroders is joining US firm Kirkland & Ellis as he prepares to become president of the International Bar Association (IBA).

Francis Neate, who has served as group legal adviser at Schroders since 1997, will join Kirkland on 1 July.

His role at the investment bank has been taken over by the former head of legal at Barclays Bank, Howard Trust. Neate is currently vice president of the IBA but will become president for a two-year term from January 2005. He will work at Kirkland on a part-time basis while fulfilling his IBA commitments.