Additionally, Ken Baird, head of the firm’s restructuring and insolvency practice has been appointed as Managing Partner of the firm’s London finance practice.
Will Lawes, Freshfields’ senior partner commented: ‘Alan began this role as the credit crunch first started and has led the group during some incredibly difficult market conditions, enabling strong progress and developing an exceptional offering to our clients to help them deal with extremely complex and business critical financing needs’.
‘I am delighted that both David and Ken have agreed to take on their respective roles to help us further enhance our finance offering to our clients. They are both outstanding lawyers with significant management experience and widely respected in their fields’
David Trott said: ‘I am delighted to be asked to take on the role of leading the firm's finance practice for the next four years. Alan has been instrumental in moulding an exceptionally strong and balanced platform which I am convinced is very well placed to exploit the rapidly evolving market conditions that we face. We have a wonderful franchise and a group of enormously talented people working for fantastic clients. I look forward very much to the challenge of leading this group in the coming months.’
Ken Baird added: ‘I am genuinely excited by the opportunity of working alongside David in this new role. I look forward to helping the London practice maximise its potential while still leading the R&I practice in these continuing challenging markets.’