Mike Pierides’ practice encompasses a wide breadth of commercial and technology transactions. Mike advises on major outsourcings, strategic restructurings following divestments or acquisitions, and technology-specific transactions such as licensing and “as a service” arrangements. He is also active advising on new technologies such as blockchain and artificial intelligence.
His clients include companies across a multitude of sectors, including technology, financial services, aviation and telecommunications. Within the financial services sector, he advises a wide range of clients, including retail banks, investment banks, investment managers, payments providers, and others. Mike has also worked at the intersection of financial services compliance and technology, advising clients on their related systems and compliance procedures.
Mike represents both customers and suppliers, allowing him to bring opposing parties’ perspectives to transactions.
Mike is recognised by Chambers UK as an authority on outsourcing and information technology, and is highly regarded for his work on complicated BPO and information technology outsourcing (ITO) transactions. Clients and sources told Chambers that Mike “[has] excellent understanding of our sector and the services we provide…”, that "he is particularly strong around the negotiating table," and that "he leads from the front rather than merely offering opinion."
Mike was also nominated as an Acritas Star Lawyer, with a client noting he is “an expert in the industry and in the specific subject matter that we’ve asked advice on. He has really helped to move the deal forward by being proactive. Excellent project management skills as well.”
Represented a global bank on the restructuring of its multi-jurisdictional hosting arrangements
Represented a global international service provider on a number of significant IT projects
Represented a global asset manager on the restructuring of its service and customer contracts following a corporate divestment
Represented a number of different clients in the procurement of ‘hybrid’ IT arrangements, including private and public cloud arrangements
Advised a UK insurer on a wide range of IT and commercial contracts
Represented a global airline on the procurement of its new passenger service systems, undertaken pursuant to a competitive bid process, in parallel with renegotiating its global distribution arrangements
Represented a global airline on the renegotiation of its global distribution arrangements
Advised UK insurer on multijurisdictional hosting arrangements
Represented a number of different supplier clients (both IT and BPO) in multiple arrangements opposite UK government
Advised on renegotiation of the application development and maintenance supplier panel of a global bank
College of Law of England and Wales, London, 2001, Legal Practice Course
University of Manchester, 2000, LLB
England & Wales (Solicitor)
Awards and Affiliations
Leading Individual, TMT: IT & Telecoms, The Legal 500 UK (2021)
Ranked, Information Technology, London (Firms), Chambers UK (2015–2021)
Ranked, Outsourcing, UK-wide, Chambers UK (2015–2021)
Recognized, Acritas Star Lawyer (2018)
Recommended, IT & Telecoms, The Legal 500 UK (2013–2017)
Recommended, Commercial Contracts, The Legal 500 UK (2013–2017)