Pinsent Masons has hired six partners from a range of firms for a new Frankfurt office, the firm’s third opening in Germany since 2012.
Frankfurt follows moves into Munich and Düsseldorf for Pinsents in 2012 and 2016 respectively. The new office will focus on the technology, energy and real estate sectors initially with an eye to developing in financial services.
A founding team of six partners has been hired from multiple firms for the launch. Volker Balda joins from KPMG Law, where he was M&A head for Germany and co-head of the global corporate law practice, M&A partners Markus Friedel and Sven Shculte-Hillen join from Dechert, M&A partner Ronald Meissner joins from Oppenhoff & Partners, real estate partner Tobias Nuss joins from Beiten Burkhardt, and intellectual property partner Nils Rauer was hired from Hogan Lovells.
Pinsents’ Germany head Rainer Kreifels commented: ‘Establishing a presence in Frankfurt has been part of our vision for Germany from the outset. The new office in addition to our Munich and Düsseldorf locations will increase the strength and depth of our offering for clients locally and internationally.’
The firm has grown to 38 partners and more than 100 lawyers in Germany over the last six years, including five lateral hires in the past 12 months. Key mandates have included advising German tech company About You on a $300m funding deal and completing three Frankfurt Stock Exchange initial public offerings.
Last year, Fieldfisher and Covington & Burling also opened offices in Frankfurt.
Elsewhere, DLA Piper has hired four partners from different firms to join its Dublin office, which recently launched with the hire of David Carthy from William Fry.
Conor Houlihan joins from Dillon Eustace to lead DLA’s finance and projects practice in Ireland, Éanna Mellett joins as a corporate partner from Matheson, while former A&L Goodbody partners Mark Rasdale and Ciara McLoughlin join the intellectual property and technology and employment practices respectively.
Carthy, DLA’s Ireland managing partner, told Legal Business the firm intended to build a substantial practice in Ireland. He joined DLA in July to help refine the strategy and said the Irish market was ‘ripe for change’.
‘Clients are looking for a global solution and want more choice. DLA works differently from a lot of the Irish players. Clients are increasingly asking, “Can you help me in different jurisdictions?”’
Carthy expected to make further hires and saw the practice growing to at least 100 lawyers over the next couple of years. Financial services, technology and life sciences are a particular focus for the office, with Dublin seen as a key global hub in those sectors.
Carthy added: ‘The Irish economy is doing very well at the moment. Obviously Brexit has added major uncertainty, but there’s still plenty of activity.’
DLA was the fifth firm to open in Dublin after the Brexit vote, following in the footsteps of Lewis Silkin, Simmons & Simmons, Covington & Burling and Pinsents.