Law firm drydensfairfax has promoted Sue Nickson to chief executive one month after she joined the firm as director of legal.
Nickson joined in September from Squire Sanders where she was chief operating officer, and steps up to the role of chief executive as the firm’s current ceo, Philip Holden, moves to the role of executive chairman.
Nickson will focus on the day-to-day running of the business while Holden will concentrate on the strategic direction of the firm.
“I am looking forward to leading an exceptionally strong management team with an outstanding reputation for delivering high quality services,” said Nickson.
“We plan to continue to develop our strength in depth in all areas of recoveries, further consolidating our leading position in the marketplace.”
Nickson will be replaced by Nick Armitage, who has joined as head of legal services to fill the vacancy left by Nickson’s move.
Armitage joins the firm as a lateral hire from Squire Sanders, and has over 20 years’ property related litigation experience and is an accredited mediator.
He will lead the 20-strong technical litigation team responsible for handling high value, complex and defended cases across secured and unsecured recovery actions, property and insolvency law.
Holden added: “When we created drydensfairfax back in April with the merger of Drydens and Fairfax it was on the basis of establishing a strong, high quality and scalable platform on which to grow our specialist debt recovery business. We want to provide the best solutions for our clients’ complete debt recovery needs and this means a programme of continuous investment and development.
“My focus will be on delivering this element of our strategy, with Sue Nickson taking responsibility for leading the business on a day-to-day basis.”