With nearly two decades of experience, Drury joins from Linklaters where he was partner in its derivatives and structured products team. His practice covers the full spectrum of structured finance arrangements, including collateralised loan obligations (CLOs), risk retention structures and financings, repackagings, fund financings and fund derivatives and balance sheet issuances.

He also counsels clients on financial market infrastructure matters including advising financial institutions and clearing houses in relation to derivatives clearing (OTC and listed) and payments.

In addition, Drury supports clients in the fintech arena; advising them on crypto-assets, derivatives over crypto-assets, stable coins, central bank-backed arrangements, crypto-asset-based collateral platforms and a wide variety of other innovative and exploratory projects.

Panos Katsambas, co-chair of Reed Smith’s Financial Industry Group, said: “Mark’s arrival not only deepens the depth of talent in our leading structured finance team but also adds further firepower to our financial markets infrastructure and fintech offerings. Many of our clients are already aware of the significant value that he brings to the table and we are delighted to have him on board.”

Andrew Jenkinson, Reed Smith’s London office managing partner, added: “We’re very pleased to welcome Mark to the firm. He is a high-calibre lawyer and a standout name in the market with a strong track record.”

Drury commented: “It’s an exciting time to be joining Reed Smith as it continues to grow its impressive finance practice. The firm has an enviable global reach and is well-known for its collaborative culture and innovative approach to client-service delivery. I am very much looking forward to working with my new colleagues to help our clients achieve their business goals.”