Mr Morrison joins from Addleshaw Goddard and will be based in Shoosmiths’ London office.

He qualified in Scotland and completed his training contract in 1995, before working in-house within the Bank of Scotland’s retail banking arm. Between 2000 to 2010, he worked in private practice in Edinburgh.

He then spent seven years in London as senior legal and regulatory counsel for the large international private bank, Investec. For the last two years, he has been a managing associate at Addleshaw Goddard in London.

Sector head of financial services, Stephen Dawson, said: “We are a diverse team with a broad skillset and Thomas’ experience in the regulation of fintech and payments solutions is very exciting for us in particular. We are keen to add to this recruitment and see it as a very exciting step forward for the firm as a whole.”

Mr Morrison said: “I joined Shoosmiths because they have a strong focus on client service and cross-firm collaboration to deliver better client outcomes.

“With Stephen Dawson’s reputation of being highly knowledgeable and taking a direct and straightforward approach within a technically challenging area of work, I am looking forward to joining a very experienced team of legal advisors on financial services.”