Sullivan & Cromwell has taken a notable step in expanding its presence in London by securing a high-profile hire for its financial services regulatory practice. This strategic move sees Barney Reynolds joining the firm from A&O Shearman, where he previously held the position of global co-head of its financial services regulatory segment. The addition of Reynolds marks only the third lateral partner integration into Sullivan & Cromwell’s London office, which comprises roughly 80 lawyers, since the year 2013.
Despite the attention garnered by Reynolds’ move, John Horsfield-Bradbury, Sullivan & Cromwell’s London managing partner, communicated the firm’s intention to avoid engaging in a competitive recruitment frenzy. “We are not interested in getting into an arm’s race,” he remarked, highlighting a measured approach towards further expansion and selective hiring within the firm’s key practice areas. For further details, Reynolds’ transition and his new role can be accessed through the announcement from Sullivan & Cromwell.
While the market for legal talent in London remains robust, Sullivan & Cromwell appears focused on augmenting its capabilities without conforming to the broader competitive trend of aggressive recruitment. More insights on this development are available in the full report on Bloomberg Law.