Mishcon de Reya has announced the addition of Liz Hunter, a non-lawyer partner and expert in incentives, to its London incentives practice. Hunter joins the firm after nearly five years with the international accountancy firm KPMG, where she served as director of equity reward and tax. With experience at several international accountancy firms, including Mazars, Chiltern PLC and WSM partners, Hunter brings a wealth of expertise to the Mishcon de Reya team.
Hunter’s appointment is made possible due to Mishcon de Reya’s alternative business structure (ABS) license, which allows for the inclusion of partners without a legal practicing license. The ABS structure became an option for U.K. law firms in 2012, following revisions in legislation and the Solicitors Regulation Authority’s acceptance of applications.
Several other law firms, including Weightmans and Kennedys, have also transitioned to the ABS structure, integrating non-lawyers into their equity. The arrival of the ABS framework also paved the way for law firms to list on the London Stock Exchange.
Mishcon de Reya had previously aimed to become the U.K.’s largest listed law firm, a goal that was shelved last year due to current market conditions.
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