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Shoosmiths accelerates growth with key financial services appointment

UK law firm Shoosmiths has appointed Thomas Morrison as a key hire within its financial services team.

Thomas joins from Addleshaw Goddard and he will be based in Shoosmiths’ rapidly growing London office. The strategic appointment will expand the firm’s market-leading financial services offering.

Thomas’ area of legal expertise includes current accounts and savings, e-money, online financial services, payment services, credit cards, personal loans, mortgages, private banking and tailored solutions for consumers and small businesses. For more than twenty years, he has worked with household name banks and building societies, fintech companies and private, specialised and challenger banks.

Thomas qualified in Scotland and completed his training contract in 1995, before working in-house within the Bank of Scotland’s retail banking arm. Between 2000 to 2010, he worked in private practice in Edinburgh. Thomas then spent seven years in London as Senior Legal and Regulatory Counsel for the large international private bank, Investec. For the last two years, Thomas has been a managing associate at Addleshaw Goddard, London.

Sector head of financial services, Stephen Dawson said: “We are a diverse team with a broad skillset and Thomas’ experience in the regulation of fintech and payments solutions is very exciting for us in particular. We are keen to add to this recruitment and see it as a very exciting step forward for the firm as a whole.”

Thomas Morrison said: “I joined Shoosmiths because they have a strong focus on client service and cross-firm collaboration to deliver better client outcomes. With Stephen Dawson’s reputation of being highly knowledgeable and taking a direct and straightforward approach within a technically challenging area of work, I am looking forward to joining a very experienced team of legal advisors on financial services.”

The hire follows the recent appointments of two partners to the Shoosmiths’ banking and finance team, Jon Bew and Natalie Barnes and further recruitment is also planned with the financial services sector being a key area of growth for the firm.

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