Legal Business Blogs

Reed Smith the beneficiary as Addleshaw loses second insurance head in two years

Addleshaw Goddard (AG) head of insurance Mark Pring is leaving the firm to join Reed Smith, less than two years after he replaced Richard Leedham as team head.

Pring was a dispute resolution partner as well as head of insurance at the firm. He has extensive experience in handling high-value, multijurisdictional disputes and his practice has a strong focus on insurance and reinsurance work, including professional indemnity, financial institutions risks, and directors and officers liability insurance.

Pring became head of insurance litigation following the departure of Richard Leedham to Mishcon de Reya in 2014. He previously was a partner at another US firm, Chadbourne & Parke, where he spent two years in Dubai handling complex international arbitration proceedings and advising a range of commercial clients on core risk management issues.

Peter Hardy, leader of Reed Smith’s EMEA commercial disputes group and the insurance recoveries team in London, said: ‘Mark’s appointment emphasises our commitment to building upon our existing market leading brand for policyholder coverage work. His experience and particular understanding of the Middle Eastern market is a natural fit for our global footprint and international client base.’

Commenting on his departure, a spokesperson for AG said: ‘We are sorry to be losing Mark Pring to Reed Smith which he believes is the right step for him at this stage in his career and he goes with our best wishes. The ambitions for our insurance disputes practice are unaffected and we will of course continue to develop the team through the right mix of sponsoring and promoting internal talent, and also acquiring laterally if necessary.’

AG has promoted managing associate Richard Wise as Pring’s replacement. Wise, who specialises in insurance and international commercial arbitration, represents major national and multinational policyholders within the financial and professional services, retail and consumer, real estate, construction and pharmaceutical/health sectors. He also spent two years working in the firm’s Singapore office, advising clients throughout south-east Asia and India.

In March, another AG partner, Sonia Campbell, left the firm to join Leedham at Mishcon.