The news that Herbert Smith Freehills is set to launch in Germany later this year has been met with a mixed response from the local market, with lawyers questioning whether the firm will be able to come close to matching the strength offered through its former alliance with Gleiss Lutz. The firm last week confirmed it is opening an office in Frankfurt in the second quarter of 2013 with the hire of Ralf Thaeter, who was head of corporate and M&A at Gleiss. The office will initially focus on M&A, corporate, disputes and finance work, with a view to expanding to a full-service offering. The firm was not able to open in the country earlier than January 2013 due to the wind-down terms of its alliance with Gleiss and Benelux firm Stibbe, which broke down in December 2011.
February 21, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Local advisers warn of challenges ahead as Herbert Smith sets out to build German practice
The news that Herbert Smith Freehills is set to launch in Germany later this year has been met with a mixed response from the local market, with lawyers questioning whether the firm will be able to come close to matching the strength offered through its former alliance with Gleiss Lutz.
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