Adel Shetty becomes the firm’s first legal director.
Specialist real estate law firm Newmanor Law has appointed Adel Shetty (pictured) as the firm’s first legal director.
Shetty joins after five years in the real estate finance team of Freeths in London, advising borrowers and lenders on a full range of real estate finance matters, having previously trained and worked for eight years at Nabarro.
James Dakin, co-founding partner of Newmanor Law, said: “As our reputation grows, it is gratifying we can attract legal talent of Adel’s calibre, who adds his particular expertise in real estate finance to our growing service offering.
“Newmanor Law was founded as an agile business, implementing new ways of working and new approaches to transactions where they better reflect the needs of our clients. The fresh thinking Adel brings to the role will help us maintain the exceptional client service on which our reputation is being built.
“We supported clients throughout the lockdowns and as UK Plc. begins looking to future once again, we are witnessing the benefits of our focus on commercial real estate as we attract new clients who have had enough of the traditional arms-length approach of full-service firms.
“Recruiting Adel sends a clear message to the market; Newmanor Law has the expertise and experience to help ensure lenders achieve the outcomes they desire, safe in the knowledge they understand our costs from the outset – an important difference.”
Shetty added: “Newmanor Law is the blueprint other law firms will look to copy. It’s agile, innovative and focussed solely on the commercial property market, dealing with financing, development and investment.
“I believe specialist law firms like Newmanor Law that bring together unrivalled experience, expertise and know-how, focussed on a single sector like commercial real estate, leverage a deeper understanding of the issues likely to impact clients to deliver a faster, more efficient service.
“This single-minded approach brought me to this firm and I’m confident property professionals will follow a similar route to our door, once they understand the difference an experienced team offering specialist advice, at a fixed fee, can make to their business aspirations.”