Monday 19 March 2012

Private Client law firm boosts CIS capabilities

WealthBriefing: Berkeley Law, a London-based law firm specialising in wealth advice for high net worth individuals, has bolstered its CIS capabilities with the hire of Elshad Huseynov and Lydia Lavrova as senior counsel and trainee lawyer respectively.

Huseynov was latterly with Deloitte, managing a portfolio of individual clients and multinational FTSE 350 companies, and has extensive experience in acting for Russian and CIS individuals and corporates, Berkely Law said in a statement.

The hires are intended to help Berkeley Law capitalise on the growing number of HNW individuals from countries such as Russia, Ukraine and Kazakhstan who want to move their assets or themselves to the UK, partner Nick Rucker said. He cited the fact that London’s status as a “safe haven” has risen even further recently due to the turbulent global economic backdrop. Prime London real estate is of course notoriously seen by foreigners as a safe place to park their cash as well as a base from which to experience the lifestyle offered in the capital.

Mayfair-headquartered Berkeley Law, which was founded in May 2010, has been busily expanding and now has a headcount of close to thirty. Towards the end of last year the firm hired industry veterans Carly Russell and Jacqui McCoy; Russell joined from PwC Legal, where she was the founder and senior member of the private client team, while McCoy came across from Pemberton Greenish, having worked on residential real estate transactions for over 20 years.