Watson Farley boosts London with White & Case and Orrick partners as firm predicts 25% PEP hike

Watson Farley & Williams has strengthened its London office with the addition of two partners from US law firms, in the wake of a strong 2016-17 for the firm which is expected to result in profit per equity partner (PEP) rising by at least 25%.

The two hires include asset finance partner Louise Mor, who joins from White & Case. She has been a partner at the US firm since 2011, and specialises in the transport sector, advising on rail, aviation and equipment financing for clients including lenders, operators and export credit agencies.

She was previously an associate at Clifford Chance and spent a year on secondment to Angel Trains, where she project managed the finance aspects of the sale of Angel Trains by the Royal Bank of Scotland in 2008. She will join Watson Farley on 10 July.

Meanwhile, energy specialist Colin Graham joins from Orrick Herrington & Sutcliffe, where he had been a partner since 2014. His practice focuses on M&A deals and project development in the upstream oil and gas sector.

Prior to joining Orrick, Graham was of counsel at Hogan Lovells, a senior associate at Canadian firm Torys, a legal counsel for Mitsubishi in Tokyo and before that, an associate at Herbert Smith Freehills in Tokyo.

Watson Farley recently posted a 22% increase in revenue for the 2016-17 financial year, with income reaching £159.8m, up from £131.2m last previous year.

The firm has not yet finalised its 2016-17 PEP figure, but co-managing partner Chris Lowe said he was expecting it to “go north of £600,000″, a figure that would represent an increase of more than 25% on last year’s PEP of £480,000.