DLA Phillips Fox has lost another partner following the merger with DLA Piper, taking the total partner loss to 12.
TressCox Lawyers announced the appointment of Iain Rennie in the firm's corporate and commercial practice in Sydney.
Rennie has expertise in corporate and commercial advice, assisting clients in their dealings with regulators, mergers & acquisitions, joint ventures and other alliancing arrangements, special purpose contractual arrangements and proposals, transaction structuring, regulatory consents and project management.
He has worked alongside investors with their due diligence investigations, obtaining the necessary foreign investment and other regulatory approvals, and the preparation and negotiation of transaction documents.
Tresscox managing partner Peter Smith said Rennie’s appointment complements the firm’s expanding corporate practice expertise.
“We have been continuing to build our capabilities in [Rennie's] areas of practice across all of our offices.
“[His] arrival continues the ongoing expansion of our corporate and commercial capacity generally and positions the firm well in terms of addressing the expanding requirements of our clients with respect to their legal services needs both on a national and international level,” Smith said.
Nine partners left the Brisbane office of DLA Phillips Fox last week for Thomsons Lawyers. All of those partners had voted against the integration with DLA Piper.
DLA Phillips Fox said more than 90 per cent of its partners voted in favour of integration, and that the remaining percentage did not want to join a global firm.
DLA Phillips Fox has made some new hires in recent months, including two partners brought over from DLA Piper.
Stephen Webb joined the finance and projects practice group in Brisbane and David Nancarrow joined the finance and projects practice group in Perth late 2010.