Ms Nassif comes across from global firm King & Wood Mallesons, having had a “long career acting for a sophisticated client portfolio”, Maddocks said in a statement, including many financial institutions and corporate groups on a wide range of banking and finance matters.

She has also won the Banking and Finance Lawyer of the Year award for four consecutive years since 2020 at the Women in Finance Awards, hosted by Lawyers Weekly’s parent company, Momentum Media.

Mr Baker joins from the London office of US firm Reed Smith, bringing his “extensive experience” in advising borrowers, funds, lenders, and banks on the structuring of debt financings, the firm went on, and a practice that covers all areas of funds finance, where he regularly acts on transactions involving domestic and international fund structures.

The news follows the firm’s revamping of its operational division in December, its addition of a Victorian state government solicitor as a new partner in August, and its promotion of 47 lawyers to more senior roles in June.

Speaking about the appointments, Maddocks co-head of banking and finance Ilan Kraus said: “Our banking and finance practice nationally has experienced tremendous growth over the past 12 months, and we expect this strong demand to continue for the foreseeable future.

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“We’re delighted to welcome Paula and Colin to the team.

“They are both very senior practitioners and come with deep global and local finance experience, which will complement our existing experience and provide invaluable support to our existing and new clients.”