Daniel Jacob, managing partner of independent specialist London City law firm Marriott Harrison, discusses opportunities in the innovation market to bridge the transatlantic gap.
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Independent transactions specialists
In conversation, we asked Daniel Jacob how Marriott Harrison is helping to bridge this gap working alongside international law firms to achieve their clients’ objectives
What is Marriott Harrison’s position in the market?
Our position as a leading London-based independent specialist for venture, growth equity, M&A, and buyout transactions has been earnt by our role as investor counsel to many of the world’s most recognised VC funds and PE houses, our pragmatic and responsive strategic advice delivered to founders and management teams, and our role as go-to firm for US and European law firms seeking local advice for their clients.
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Marriott Harrison emerges as suitor for McClure’s London corporate partners
City firm Marriott Harrison is in talks with a team of London corporate partners at McClure Naismith as more firms emerge as possible homes for lawyers at the beleaguered Scottish outfit.
There are currently 13 corporate focused partners at McClure, of which seven are based in London. Led by the firm’s executive chair, Robin Shannon, it is not clear how many of McClure’s corporate team will officially move to Marriott Harrison as talks are still ongoing.
Legal Business understands that some of the firm’s property team are also in talks with Burness Paull, while other Scottish firms are also talking to partners including Maclay Murray & Spens (MMS).
Last week it emerged McClure, one of Scotland’s oldest commercial legal practices, was seeking a white knight merger after finding it lacked the scale ‘needed to compete’ in the market according to its chair, Shannon. McClure approached a number of firms earlier this year, including national firm Bond Dickinson for a potential merger.
Shannon added that the firm’s 26 partners were ‘looking to take as much of the firm to one destination as we can’ but, according to The Sunday Herald, would not rule out the possibility that the business could be broken up.
On the departures, a spokesperson for McClure would not comment. MMS said: ‘We keep in contact with others in the market from time to time, as you might expect, but clearly it wouldn’t be appropriate to pass comment on other firms.’
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