Ashurst Morris Crisp has set up its first focused real estate group outside London with the hire of a leading partner from notary practice Allez & Associés and a senior associate from Linklaters
Ashursts has a real estate capability in Frankfurt and Milan, but Paris is the first evidence of plans to build on the success of its London real estate team on the Continent. Lateral hire Dorothée Bontoux practised as a notary at Allez, but was previously an avocat at Linklaters, where she created the firm's Paris real estate department. Her qualification as a notary will be significant for Ashursts. Bontoux joins with Linklaters senior associate Philippe None, who also comes in as a partner. They will be supported by a team of associates, including Vincent Gauthier from Linklaters, and Stéphanie Boutemy and Jocelyne Courvoisier, who are joining from Allez. Ashursts managing partner Christopher Crosthwaite said: "We've not had a serious real estate capability in Paris before - not a punchy team like this one. In Paris we've got a successful M&A and banking and finance practice, and given the strength of our real estate team in London, those partners were keen that we develop things in Paris. We've seen other firms get involved in transactions we could have been involved with." Crosthwaite said he expects the new partners to have a significant client following as well as servicing Ashursts' existing clients.