Top 100 UK law firm Hugh James has a new senior partner in Matthew Tossell.
Mr Tossell takes over from Gareth Williams at the Cardiff-based firm, which also has an office in London.
Mr Williams has been a partner with the firm for 39 years and its senior partner for the last 12.
While he is retiring from the partnership, Mr Williams will continue to work in a consultancy capacity for the firm.
Mr Tossell will combine his current role as chief executive of Hugh James group company, Involegal LLP, with his senior partner responsibilities.
He will also oversee the firm’s move into a new HQ at the 2 Central Square office scheme in the centre of Cardiff.
The firm, which employs around 700, will move into its new HQ in the summer of 2018.
Joining the firm in 1983, Mr Tossell became a partner in the firm in 1987. He helped set up and develop the firm’s commercial property and social housing departments before creating a secured lending group servicing the banking sector across the UK.
He was appointed managing partner of the firm between 1999 and 2011 during which time he led the business through significant growth, seeing the firm consolidate its offices throughout south east Wales into a single Cardiff headquarters as well as launch Hugh James’s presence in London in 2007.
On stepping down as managing partner, he set up Involegal LLP, a specialist volume legal services provider to the financial services and corporate sectors.
Mr Tossell said: “I am of course both delighted and privileged to be appointed to this position at a very exciting time for the firm. I will be focused on driving forward our aggressive expansion plans in our target markets across the UK.
“It will be a challenge to follow in the footsteps of Gareth who has been an exceptional senior partner but it is one I am looking forward to meeting.”
Mr Williams said: “It has been a rare privilege to have spent so many happy years with Hugh James. Though naturally I have mixed emotions about stepping down from the partnership after such a long association, the time is right for me to do so.
“I am hugely proud of what we have achieved over the years, and I have no doubt at all that the firm will continue to flourish under the leadership of Matthew and managing partner Alun Jones both of whom are steeped in the traditions of Hugh James.
“It is a source of great pleasure for me that, as a consultant, I shall still have an opportunity to contribute to the firm’s continued growth.”
Mr Williams will continue in his roles as company secretary of the Welsh Rugby Union, chair of University of South Wales, non-executive director of Thomas Carroll Group and trustee of the Welsh Rugby Union Charitable Trust and of Prostate Cymru.