02:17, July 10 157 0

2017-07-10 02:17:07
Slaughters partner Leung retires after 26 years

Slaughter and May partner Miranda Leung has retired from the partnership for personal reasons after 26 years with the firm, The Lawyer can reveal.

Leung joined Slaughters in 1990 as a trainee and spent 16 years in the partnership after she made up in the 2001 following the confirmation of her UK citizenship.

She had been a finance partner in the firm’s London office before her departure in November 2016.

Highlights of her time with Slaughters include advising BUPA on the £1.44bn sale of its hospital group to Cinven and SVG Capital on its £750m banking facilities and Deutsche Bank’s $560m financing of a 75 per cent stake in The Seventh Continent.

Slaughter and May’s London office has seen the retirement of two further long-serving partners in the last twelve months, after ex-executive partner Richard Clark and Nick Gray both made the decision to step down.

Clark joined the firm in 1982, and joined the partnership in 1991. He retired in April this year and was replaced by current chairman Paul Stacey whose five-year term as chairman began on 1 May.

Gray joined Slaughter and May as a trainee in 1988 and spent 21 years as a partner at the firm after being made up to partner in 1996.

While these three retire with considerable experience, Slaughters has made a number of forward-thinking changes in the last 12 months.

The firm announced that it would allow sabbaticals and flexible working options for its associates at the end of last year while 2017 saw Slaughter’s first lateral hire in London when Herbert Smith Freehills head of pensions Daniel Schiffer joined.

However, the firm decided against increasing associate salaries due to the benefits it introduced for them.