Eversheds Sutherland, formed in early 2017 through a cross-border combination, is starting off the new year with another merger.
The Global 100 firm announced Tuesday its absorption of a Dutch affiliate following a 10-year association. The Dutch firm was known as Faasen & Partners until 2008 when it joined Eversheds’ non-financially integrated European network and adopted the Eversheds brand.
The Dutch firm, which was founded in 2004 from the local unit of global accounting giant KPMG’s legal arm KLegal, now consists of eight partners and 32 lawyers across two offices in Amsterdam and Rotterdam. The firm will now be called Eversheds Sutherland Netherlands after fully merging into Eversheds Sutherland’s international limited liability partnership.
“Developing in key jurisdictions is a core part of our global strategy and this move allows us to prioritize investment in a market [that] is of increasing importance for both our international and U.S. clients,” said a statement by Eversheds CEO Lee Ranson. “We have worked closely with our Dutch partners for more than 10 years and are wholly aligned in terms of our vision for the future of the firm and our culture.”
The move follows a similar deal done by U.K.-based legacy firm Eversheds with a German affiliate, Heisse Kursawe, which it merged with in June 2015. Eversheds subsequently sealed a nonfinancially integrated tie-up last year with Atlanta-based Am Law 100 firm Sutherland Asbill & Brennan, a move that saw the combined firm rebrand itself as Eversheds Sutherland.
In September, Eversheds Sutherland announced plans to open three new offices in Luxembourg and Russia after bringing on a team from Nordic firm Hannes Snellman. In early 2017, Eversheds Sutherland absorbed the Harry Elias Partnership, a firm based in Singapore. The new structure in the Netherlands comes a month after Eversheds Sutherland elected Pamela Thompson as the first female chair of its non-U.S. business.
“This move makes perfect sense for us and our clients in the Netherlands, who are becoming increasingly active globally,“ said a statement by Eversheds Sutherland Netherlands managing partner Paul Goedvolk. “The tie-up in the U.S. and the progress the firm has made around the world last year makes the timing ideal. We believe it will not only enhance investment but also open opportunities to our people.”
As of Jan. 1, the newly-formed Eversheds Sutherland has snagged a three-year role as the sole global legal adviser to Turkish Airlines. The fixed-fee work, as noted in September by London-based Legal Week, will see the firm bill a single retainer to its client each month of the contract.