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Druces enhances corporate offering with new partner hire

11 January 2016 – Business and private wealth law firm Druces LLP has hired partner David Smith from Fasken Martineau’s London office. In his new role at Druces, David will contribute to the further development of the firm’s corporate practice with a particular emphasis on the life sciences and alternative energy sectors.

David’s client work at Druces will focus on capital markets, capital raising and mergers and acquisitions for a client base that includes entrepreneurial growing companies in both the public and private sphere.  He joins Druces with 35 years of experience.

David’s recent work includes acting for an early-stage company with a potentially ground-breaking green solution to the UK’s short term power generation needs and a new venture being established to acquire interests in US oil and gas assets.  He has also assisted in a US IPO and on NASDAQ listings in the life sciences sector and advised on a fundraising for a stem-cell research company.

He has been actively involved in AIM work since its inception in 1995 and is recognised as a leader in his field for “Corporate and Commercial – M&A: mid-market” in the 2015 Legal 500 rankings.

Commenting on David’s arrival, Toby Stroh Head of Corporate, said:

“David’s hire marks an important next step for the firm and the Corporate Department in particular.  His expertise spans a number of sectors with a particular focus on Life Sciences and Alternative Energy. His work fits very well with our existing specialisms.”

Managing Partner, Jeremy Dutton, comments: 

“We have made a number of strategic lateral hires recently and, with further recruits set to be announced in the coming months, the firm is making a significant commitment to deepening the level of expertise available to clients.”

David Smith further comments:

“I am excited to have joined Druces and am looking forward to complementing its existing impressive client portfolio with my particular expertise in life sciences and energy businesses. Druces’ corporate team is very well respected and my practice area, focusing on corporate finance and M&A for both public and private clients, will align well with the expertise and support already in place at the firm.”

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About Druces LLP:

The firm’s core services are corporate, banking and finance; employment; commercial property and property litigation; commercial litigation and arbitration; charities; international private wealth, contentious probate and high-value residential property.

As well as banks and other financial institutions, Druces’ clients include wealthy individuals, often with overseas interests and privately-owned businesses across a range of industry sectors.

Druces operates from a single-site office in the City, where it has practised for over 240 years. It has established significant and well-developed international links – primarily through its membership of the Alliance of Business Lawyers which covers 40 countries – with law firms specialising in business and private wealth law in leading cities around the world.