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Clyde & Co takes team from Gadens
Global law firm Clyde & Co has appointed a new partner for its financial services regulatory practice from fellow BigLaw firm Gadens, who joins with a team of seven other lawyers.
Jerome Doraisamy
Liam Hennessy (pictured) has joined Clyde & Co as a partner in the firm’s Brisbane office, and arrives at the firm with a team of seven alongside him.
The arrival of the team represents a “significant expansion” of the firm’s financial services regulatory offering in Australia, Clyde & Co said in a statement, which now covers commercial and retail insurance and reinsurance, insurance intermediaries, superannuation funds, fund managers, crypto exchanges, emerging fintech and insurtech firms, and crypto providers and exchanges.
The news follows a string of recent appointments of teams at the big end of town.
As reported by Lawyers Weekly, last week Meridian took a team from McCabes (after taking another team from the same firm earlier in April), McCabes appointed a team from HWL Ebsworth in late March, Hall & Wilcox added a team for its Newcastle office in early March as well as another team for its Perth office in mid-February, Bartier Perry took four partners from Coleman Greig, also in February, K&L Gates nabbed three partners from HWL Ebsworth in December and then a fourth in January, while Wotton + Kearney added a team from Corrs Chambers Westgarth and then a team from MinterEllison, in mid and late January, respectively.
Mr Hennessy has also worked at global firms Clifford Chance and King & Wood Mallesons, is an adjunct professor at Griffith University, and has served as company secretary at Xe.com and Ria Money Transfer.
He brings a “wide range of corporate and financial services regulatory expertise” to the firm, it continued, including experience advising retail insurers, superannuation funds, funds managers, lenders and payment services, fintechs, and crypto providers and platforms.
Mr Hennessy is set to work closely with Clyde & Co partners across the APAC region, including in Singapore and Hong Kong, to help clients navigate emerging regulatory issues associated with the development of new financial products using blockchain and tokenisation, the firm outlined.
Speaking about the arrival of the new team, Clyde & Co partner Avryl Lattin said: “Liam’s practice complements and enhances Clyde & Co’s expertise in financial services regulatory matters, not only in Brisbane but across Australia and, indeed, the wider Asia-Pacific region.”
“Liam has an in-depth knowledge of complex financial services laws and is at the forefront of development of regulation in new areas, with a particularly impressive understanding of crypto-assets and tokenisation,” she said.
“We’re delighted to welcome him and his exceptional team to the firm and look forward to working with them to deliver even more for our clients,” Ms Lattin went on.
Mr Hennessy added: “I’m thrilled to join Clyde & Co and become part of a market-leading financial services regulatory firm that supports clients in Australia and globally, with their most complex, sensitive, and challenging financial services regulatory and corporate mandates.”
“Clyde & Co is an ideal home for me and my team to further expand our practice; it has the capability, scale and cross-practice support to offer an unbeatable value proposition to the market. We’re excited to get started,” he noted.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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