Travers Smith has overhauled the management of its private equity, financial services & markets, real estate, and banking and corporate recovery departments as longstanding partners Phil Sanderson, Margaret Chamberlain, Julian Bass and Jeremy Walsh step down.
Announced yesterday (30 June) Paul Dolman will take over from Sanderson as head of private equity; Jane Tuckley will take over Chamberlain’s position leading the financial services and markets team, Anthony Judge has been appointed to succeed Bass as head of real estate and Matt Ayre will take the reins from longstanding banking and corporate recovery head Jeremy Walsh, who has held the role since 1997.
All four former heads are returning to fee earning roles.
The shake-up represents a further change of management at the top 45 firm, after mid-April saw it announce that current managing partner Andrew Lilley is to hand over the role to senior corporate partner David Patient next year. Patient previously ran for the managing partner role in 2009 but lost out to Lilley, who went on to serve a second term upon re-appointment in 2012.
Last year the firm also saw corporate head Chris Hale appointed as senior partner when high profile former head Chris Carroll stepped down after over a decade in the role.
On the latest management shuffle, Lilley, said: ‘We thank Phil, Margaret, Julian and Jeremy very much for the enormous contributions they have each made to their practices areas during their tenure. The firm owes much to them. It is reassuring to know that the departments will continue to grow and prosper in the talented hands of Paul, Jane, Anthony and Matt.’
As of 1 July the department heads will be:
Banking & corporate recovery – Matt Ayre
Commercial, IP & technology – Tom Purton
Competition – Nigel Seay
Corporate – Spencer Summerfield
Corporate finance – Neal Watson
Dispute resolution – Stephen Paget-Brown
Employee incentives – Mahesh Varia
Employment – Tim Gilbert
Environment & operational regulatory – Doug Bryden
Financial services & markets – Jane Tuckley
Investment funds – Sam Kay
Pensions – Paul Stannard
Private Equity – Paul Dolman
Real estate – Anthony Judge
Tax – Kathleen Russ