As Milbank celebrates its 40th anniversary in London, the firm says it is building on a continued period of success and expansion by making the move to new offices. In 2018, the London headcount grew by 30%.
‘Reflects the culture’
The new office space will initially span over 70,000 square feet, with an option to take further contiguous space in due course to accommodate the future growth of Milbank’s London team. It is significantly larger than the 54,000 square feet currently occupied by the firm at 10 Gresham Street and 125 Wood Street. The 100 Liverpool Street 520,000 square foot redevelopment is scheduled to open later this year. It includes new retail space, landscaped terraces and a rooftop restaurant. The Hopkins Architects’ designed building has been designed and managed to the highest sustainability and connectivity standards. Milbank chairman, Scott A Edelman said ‘our London office has been, and continues to be, critically important to the firm. With the substantial growth and success in London, we are delighted to create an innovative and creative work environment that reflects the culture of our firm in London and globally.’
Julian Stait, co-managing partner of Milbank’s London office, said ‘the growth and success of our London practice is testament to our exceptional lawyers and culture of co-operation and collaboration. Cross-team working is part of our DNA and allows us to handle our clients’ most complex transactions and solve their business challenges. We are looking forward to moving into exceptional space at 100 Liverpool Street which will further enhance our ability to exchange ideas and solve problems as a team.’ Last month there was also change in New York as Milbank moved to 55 Hudson Yards in the city’s Hudson Yards development.