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Clifford Chance’s (CC’s) former global managing partner, Matthew Layton, has joined FTI Consulting as a senior adviser to the Europe, Middle East and Africa region.
Layton, who led the magic circle firm from 2014 to 2022, brings more than four decades of legal and leadership experience at CC to FTI, where he is expected to provide advice and expertise on the development of key client relationships, as well as ensuring clients have access to the full range of the firm’s services.
“Matthew is an exceptional strategist and leader,” said Kevin Hewitt, EMEA chair of client services at FTI. “Our clients face new threats and opportunities in a changing world. As a senior adviser, Matthew will leverage his experience and understanding of the importance of excellent client service to support us in meeting their needs.”
Between 2015 and 2021, following the introduction of a new strategy, the firm's revenue rose by 35% and profit per equity partner by 65%
That strategy was defined by the firm as a rebalancing of its client base, extending its reach amongst the financial investor community, and investing in high priority areas including tech and ESG-related matters.
Layton joined CC in 1983 at the start of his legal career and prior to becoming managing partner spent five years heading the firm’s global corporate team; earlier he led the London corporate finance and M&A practice. He became a partner at the firm in 1991.
“It is a pleasure to welcome Matthew to FTI Consulting to further our ability to serve our key clients on their most important matters,” said Lars Faeste, EMEA chairman at FTI. “His best-in-class commitment to client service excellence will help us consolidate our reputation as the number one global experts for crisis, transformation and moments of truth.”
FTI is one of the largest financial consultancies in the world and specialises in areas including corporate finance and restructuring, forensic and litigation consulting and strategic communications. Based in Washington DC, in 2021 the company grew revenue 12.8% to $2.78bn.
Commenting on his appointment Layton said: “Geopolitical shifts are reframing the world in which we all operate. FTI Consulting is uniquely positioned to help organisations navigate these changes. As a former client of the firm, I worked with experts who are the best at what they do, and I now look forward to helping the leadership team further the firm’s ability to help clients address complex challenges and opportunities.”
Milan-based banking and finance lawyer Charles Adams succeeded Layton as CC’s managing partner at the start of last May and in January capital markets lawyer Adrian Cartwright succeeded Jeroen Ouwehand as senior partner having won a contested election in December.
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