A Timetric briefing service

BLP hires talent for asset finance growth push

12 January 2012 by Grant Collinson

Two additions to the asset finance team at law firm Berwin Leighton Paisner (BLP) are part of a continued plan to grow the practice.

Amy Lindemann and Adam Longney both join the firm’s London office from Norton Rose as senior associates.

Russell Clifford, partner and head of asset finance at BLP, said the recruits were part of a policy to grow the asset finance practice which has seen an 85% increase in revenue.

“We have invested quite heavily in the asset finance business over the past year,” said Clifford.

“We wanted to bring in a next generation of asset finance lawyers so we have spent a number of months looking for the right people.

Lindemann specialises in shipping and ship finance and Longney has expertise in rail and rolling stock leasing although both will work on general asset finance business in plant and equipment leasing, Clifford added.

BLP’s asset finance practice was earmarked for growth following a strategic review of the firm’s finance division 18 months ago and revenue from the sector has grown 85% in the last 18 months, Clifford told Leasing Life.

“We think part of that is winning market share,” Clifford added, “and we’ve done that by making adjustments to markets we are focusing on and the people we’ve got doing it. Amy and Adam very much form a part of that.

“For us to be able to attract lawyers of their calibre is great for us and shows where we are sitting in the market and the opportunities.

“We feel here there is still a lot of scope for growth in the business and we see asset finance both in the UK and internationally as somewhere we want to be investing.”

grant.collinson@vrlfinancialnews.com