Law Star Aryesha Vardag, the Divorce Femme Fatale
She’s been dubbed the ‘Diva of Divorce’, but Aryesha Vardag
the UK divorce law supremo is actually more than just a top divorce lawyer
handling major matrimonial splits, she is
She keeps her client list secret, but has at different times
represented celebrities, royalty, footballers, entrepreneurs and heiresses,
including recently securing a £64
million divorce deal for Pauline Chai, the wife of Khoo Kay Peng, the former
boss of the Laura Ashley fashion chain, when their marriage ended after 42
years.
Profiled in LawFuel’s ‘Fearsome 13’ article some time ago,
she continues to reign supreme in the divorce law battles, as well as regularly
featuring in media in divorce matters, including the situation facing divorcing
or rowing couples during and after the pandemic.
Vardag got a first-hand taste of big-money divorce work in
2001 when she was getting divorced from her first husband, a partner at Big Law
firm Linklaters. She hired Raymond Tooth— who famously represented the wives of
Eric Clapton, Jude Law and billionaire Roman Abramovich—to help with her own
divorce.
She was herself employed by Tooth’s firm, but stayed only 10
months. She became a law lecturer at Queen Mary’s University of London, after
which she decided she would be better off launching her own firm, tapping into
her social network for clients. Vardag — who claims to be shy — spread the word
by attending every high-society party, ball and gala in London. “God, I
remember one person saying, “You’re the ultimate social butterfly,”” she
laughs.
She acted for Pauline Chai, former wife of Laura Ashley
owner and multimillionaire Khoo Kay Peng, because the relationship had turned
“abusive [and] oppressive.”
One of her first major cases was in 2010 when she worked on
the case of German paper industry heiress, Katrin Radmacher, who is worth $100
million.
The Supreme Court ruled that Radmacher’s German prenuptial
agreement was enforceable, a first in England and Wales, but stopped short of
making ‘prenups’ legally binding on a statutory level. “That was amazing,
because it changed the course of English legal history,” Vardag says of the
outdated approach that came from a time when divorce was deemed illegal.
“Nobody thought I could do it.”
In 2014, a judge granted the American ex-wife of
businessman, Chris Hohn, 36 per cent of their $1.5 billion fortune.
In 2017, Russian oligarch Farkhad Akhmedov was ordered to
pay £453 million ($629 million) to his ex-wife Tatiana in what is thought to be
one of the biggest divorce awards in history.
One lawyer commenting on the size of the settlement said the
unparalleled generosity of the English courts “is rooted in the fundamental
principle that breadwinners’ and homemakers’ respective contributions to a
marriage are of equal importance.”
Professional & Personal
A former opera singer, (“so they coined the ‘diva of
divorce’ name, which I really like”) Vardag is one of Britain’s most expensive
lawyers. She has built her firm up a decade from a room in her apartment to a
$15 million firm with offices in London and Dubai and with costs at £1,200 an
hour she won’t touch a case unless there is $100 million or more at stake.
She is married to Stephen Bence, a financial consultant who
is MD/CEO of Vardags and a former McKinleys consultant. As of April 2016, the
couple has five children. two Two of her sons work in the law firm, one of whom
is training as a lawyer and the other working in the firm’s strategy team.
For relaxation she prefers opera, travel, movies and dramas.
With six children from her marriages she also has six dogs, six cats and twenty
horses.
She is an accomplushed amateur horsewoman, enjoying eventing
and showjumping, and has a small private competition yard in West Sussex
competing as Vardags Equestrian.
Appropriately for legal royalty, she has a Medici-style
villa in Florence from which the picture (above) was taken. It is her success
and her flamouyant approach to her professional that has also brought out the
naysayers who have criticized her approach to the law and life generally.
However, unbowed by the critics, she continues to handle the major family law
cases that have seen her firm Vardag Solicitors continue to grow and prosper.
“My clients love me and members of my firm I’m very close
to. Those outside it, I’m delighted if they’re all friendly.’ She adds: ‘I’m
sure they think I’m too flamboyant as I busily promote myself to promote my
firm, because I’m so inextricably linked with it,” she said in one interview.
Since hiring Vardag in 2013, Pauline Chai had paid $6.5
million to her firm by 2018, according to a TIME report. “What you pay could be
the difference between winning or losing,” says Angeline Francis Khoo, 34, one
of Chai’s five children. “I think Mom would say she wasn’t bothered about the
cost because she knew she was getting the best and you pay for that expertise.”
“She has presence,” Chai says of her first impression of
Vardag. “Her background showed she really understood women, and you really
understood when meeting her that Ayesha is a fighter.”
High Profile clients are part of the way she lives and
breathes her legal life.
Raised in Oxford she came from a family without money and
which was “utterly financially stretched,” she told TIME in an interview. To
pay the bills, her English mother worked as a secretary by day and at night
typed postgraduate doctoral theses for students. Vardag hardly knew her father,
Asaf Vardag, who is a Pashtun-Pakistani politician of royal descent. His work
kept him in Pakistan, and his brief visits to the U.K. stopped after her mother
filed for divorce when Ayesha was 14-years-old.
Vardag threw herself into work, gaining a scholarship to a
prestigious high school in Oxford, eventually gaining a degree in English
literature and a masters in law at the University of Cambridge, before starting
a career in commercial law.
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