The firm announced recently that it will be focusing its Guernsey property business on commercial real estate in future following Mark Torode’s decision to retire from the partnership.
This decision was made before, and independently of the covid-19 pandemic and is a long-term strategic decision.
Mourant Guernsey Managing Partner, Matthew Guthrie, said: “We are pleased for Mark as he embarks on his new venture and are working closely with him to explore mutually beneficial ways in which we can work together in the future. We are also supporting Mark to ensure continuity of services to our Guernsey residential conveyancing clients during the transition period. Mark is one of the best known and leading property lawyers in Guernsey and will remain a close friend of the firm.
“As a result of this decision, we have started a redundancy consultation process with the members of our property team that are affected. This is of course a very unsettling time for those involved, and we are doing all we can to support them.”
Mr Torode leads Mourant’s Guernsey property practice, but has decided to set up his own firm, specialising in residential conveyancing going forward.
Following Mr Torode’s departure, which is expected to take place in September this year, Mourant will cease to provide residential conveyancing services and will focus exclusively on the commercial real estate market. In the meantime, the Mourant team will continue to manage and complete all existing residential conveyancing transactions.
Pictured top: Matthew Guthrie.