CLOSEClose Law.com Menu
 
X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Mark Rigotti, CEO Herbert Smith Freehills.

Herbert Smith Freehills (HSF) is in expansion mode.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]

Law Firms Mentioned

&nbsp; [caption id="attachment_654" align="alignnone" width="620"]<img class="wp-image-654 size-full" src="http://www.almcms.com/contrib

  • Herbert Smith Freehills LLP

/uploads/sites/396/2017/10/IMG_0333-Article-201710242115.jpg" width="620" height="372" /> <i>Mark Rigotti, CEO Herbert Smith Freehills.</i>[/caption] Herbert Smith Freehills (HSF) is in expansion mode. On Monday, the firm announced plans to <a href="http://www.legalweek.com/sites/legalweek/2017/10/23/herbert-smith-freehills-to-launch-in-milan-with-simmons-hire/">open in Milan</a> with the hire of Simmons &amp; Simmons Italy dispute resolution and intellectual property head, Laura Orlando. And CEO Mark Rigotti says more growth in continental Europe is on the way. ���Europe is a very important focus for us," he told Legal Week, The American Lawyer's U.K.-based sibling publication. "We will keep looking for where we want to grow next, based on our clients��� needs.��� In the short to medium term, the Anglo-Australian firm is planning to��build out its offices in France, Spain and Germany through hires in disputes. Rigotti said the practice balance on the continent is��currently��weighted more heavily toward corporate work. Brexit, he said, is a driving factor for the firm's need to bolster its disputes team in Europe. "We believe Brexit will push a lot more of that litigation work into Europe," he said. "We need to plan for that and to have an appropriate offering there." News of the Milan office launch came a month after HSF's annual partner conference, which this year��was held in Hong Kong. Partners say��that in addition to the planned European push, the firm's Asian business was also in the spotlight at the conference. ���The aim was to make every single partner aware of what our offering [in China and Asia] is, with a view to generating inbound and outbound work," said a German partner who attended. "The firm is looking at how to further grow in China. If you want to further penetrate the market you need greater size.��� This aim is on its way to being realized, with HSF recently adding three projects partners in China <a href="http://www.legalweek.com/sites/legalweek/2017/09/21/herbert-smith-freehills-secures-triple-partner-hire-from-pinsent-masons-in-china/">from Pinsent Masons</a>, including China head Hew Kian Heong. ���The hires are great for us, and we���ll continue to focus on growing in China over the next few years," Rigotti said. "It���s certainly not the last chapter in the story���more like chapter two or three out of 10.��� The trio���s practice focus fits with HSF���s plans to build up around China's "one belt, one road" initiative, according to Rigotti. Under China's "one belt, one road" foreign policy initiative, the government plans to underwrite billions of dollars of infrastructure investment in countries along the old trading route known as the Silk Road, linking��China with Europe. ���It���s a difficult market, as the Chinese firms are immensely strong. But we���re concentrating on the ���one belt, one road��� initiative," he said. "We want to tap further into the infrastructure market���the level of construction in the Asia region is huge���and we���re keen on the capital flows surrounding it, not just acting for the Chinese developers.��� To access this transactional work, HSF is encouraging its offices to operate in a more joined-up way. The firm scrapped office��separate accounts for some of its Southeast Asia bases last year, and Rigotti wants all practices to operate at the same level of integration as HSF���s disputes teams in the region. ���We���re tilting our operating model in Asia to make it more of a single team rather than a series of offices," he explained. "We see the disputes team there as executing work in the right way in terms of cross-collaboration. We���d like to see the transactional practices [operating] at the same level.��� One London-based partner said the plans will only work if partners come at it from both ends. "The network only works if at the other end you have partners who know and like each other," he said. "The firm can draw the boxes and lines but you need partners to plug in. It���s about leveraging those individual relationships.��� New York is also on HSF���s agenda: The firm boosted the office with the hire of its first corporate partner in New York��<a href="http://www.legalweek.com/sites/legalweek/2017/09/05/herbert-smith-freehills-appoints-first-new-york-corporate-partner-with-mofo-hire/">in September</a>.��Corporate partner James Robinson rejoined the firm from Morrison &amp; Foerster in Tokyo, having��<a href="http://www.legalweek.com/sites/legalweek/2014/10/23/hsf-down-to-six-partners-in-tokyo-with-exit-of-corporate-chief/">left HSF to join the U.S. firm two years ago</a>. Rigotti says the New York office is doing a large amount of Latin America work and this will shape its future growth. "We���re carefully expanding. Our Latin America work is going really well in a hyper-competitive market, so that���s a great sign," he said. Further growth in the LatAm group and arbitration practice is logical, as well as potentially in financial services disputes too.��� <

  • Herbert Smith Freehills LLP

>
 

Intellectual Property Law: Damages and RemediesBook

This book addresses two crucial concerns of intellectual property owners how to recover monetary compensation when an infringement has occurred and how to prevent fur...

Get More Information
 

You Can't Manage It If You Don't Measure It

How are you illustrating differentiation to clients and potential lateral targets? How are you measuring performance against peers? Use Legal Compass to benchmark a firm against its competitors, unearthing unique insights about performance, partner retention, market penetration and more. Click to log in, or begin your free trial.

Get More Information
 

The Asia Legal Awards 2020Event

Where the region's top lawyers, law firms and in-house teams will gather to celebrate their most stellar achievements of the year.

Get More Information
 

Banking Litigation & Regulation Forum 2020Event

Delivers the key insights and practical solutions to acutely address the complex minefield of UK banking litigation & regulation.

Get More Information
 

Commercial Litigation & Arbitration Forum 2020Event

For senior dispute resolution professionals to network and engage through open debate, panels, expert speakers & breakout sessions

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.