SGH Martineau has strengthened its dispute resolution group with the appointment of new partner Richard Ellison to the firm’s professional negligence team.
Mr Ellison brings with him more than 20 years experience of mortgage-related and general banking litigation with extensive experience in professional negligence, fraud, undue influence, PPI, breach of mandate and defended guarantees. He is also well versed in alternative disputes resolution and, in particular, mediation.
Working with clearing banks, overseas-based banks, building societies, specialist mortgage lenders and other financial institutions, Mr Ellison joins SGH Martineau from Shoosmiths where he was head of the mortgage litigation team. He also launched the finance litigation practice at Wragge & Co.
“It’s an exciting time to be joining SGH Martineau,” said Mr Ellison. “Post merger, there is a significant opportunity to grow the DRG in Birmingham to ensure the firm remains one of the sector’s key players.
“In terms of the market, the timing is perfect. There are signs that the sector is about to evolve, which is a positive move. While cost has been the focus of the market for some time now, it can be at the expense of quality which has become a serious issue for law firms. However, this trend looks set to reverse; a change probably led by the smaller lenders who have been the first to recognise the issue and its consequences, and act accordingly to put things right.
“I’m confident that the next few years will reveal opportunities for highly experienced DRG lawyers with a strong track record and the right contacts.’’