Noerr cites uptick in cross-border work for revenue growth of 12.3% to €190.8m

German independent Noerr has posted a record turnover of €190.8m for 2013. The Munich-headquartered firm’s revenue grew by 12.3% from €170m in 2012, although turnover in its Central and Eastern European offices fell by around 3% to €26.3m, the firm said today (26 March).
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Freshfields arbitration practice sees more exits as trio set up boutique in Germany

Disputes partner Christian Borris is leaving Freshfields Bruckhaus Deringer‘s Cologne office at the end of April to set up a local arbitration boutique.

His former two associates, Rudolph Hennecke who left the firm a month ago, and Sebastian Kneisel who relocated from its Cologne office to Frankfurt last year, will be joining Borris as partners to set up the new practice, Borris Hennecke Kneisel, which will launch on 1 May. Continue reading “Freshfields arbitration practice sees more exits as trio set up boutique in Germany”

Hogan Lovells and Olswang strengthen TMT practices with hire of team heads in Hong Kong and Germany

As Hong Kong becomes gateway to the world’s biggest trader in goods after China overtook the US for the first time in 2013, the region continues to see high profile lateral moves, most recently from Freshfields Bruckhaus Deringer to Hogan Lovells, which has hired the Magic Circle firm’s regional head of intellectual property (IP), IT and technology media and telecoms (TMT), Mark Parsons.

In his new role, Parsons will focus on complex commercial transactions and regulatory matters in the TMT sector and is expected to join his new 2,527-lawyer firm at the end of January 2014.

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Germany: McDermott hires Ashurst Munich partner to head private equity

Ashurst has lost a second senior partner in Germany as Nikolaus von Jacobs leaves to head up McDermott Will & Emery’s Munich private equity practice, citing a growing interest among US private equity funds in European investment opportunities.

Von Jacobs, who previously headed Ashurst’s local private equity team, specialises in venture capital, public and private M&A as well as private equity. One of his main clients is  independent Luxembourg-based fund Palero Capital. Continue reading “Germany: McDermott hires Ashurst Munich partner to head private equity”

Surprise and strong words as a nine-partner Hogan Lovells team quits for MoFo’s German launch

While Hogan Lovells has had its integration challenges since the three-year Anglo/American union that created it, the firm’s well-regarded German practice had seemed one part of the empire enjoying prosperous tranquillity.

As such there was some surprise – not least at Hogan Lovells – with the announcement today (24 September), that a nine-partner team is to leave the firm’s Berlin arm to launch a German law practice for top 50 US practice Morrison & Foerster. The team constitutes Hogan Lovells’ entire partnership ranks in Berlin.

Morrison carried out a partner vote to ratify the addition of the team of nine partners, who are currently working with more than 20 associates and counsel. A statement from the firm subsequently confirmed that the US firm had taken on a 30-lawyer team from Hogan Lovells in Berlin.

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A&O picks up corporate partner as Shearman announces Düsseldorf and Munich closures

Allen & Overy has hired Shearman & Sterling’s corporate partner Hans Diekmann as a partner in its Düsseldorf office.

Diekmann, whose start date at A&O is yet to be confirmed, joined Shearman as a partner in 1999. Before that he worked in the legal department of Deutsche Bank’s headquarters in Frankfurt for over seven years. Diekmann will become the sixth partner in A&O’s Düsseldorf office, all of which have been hired in.

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