Howrey’s European IP head and Europe managing partner are both set to leave along with at least 10 other partners to set up their own IP firm.
Among the 12 partners confirmed as leaving four are based in Brussels, seven in Amsterdam and one in Paris. Fourteen associates are also expected to leave to join the new firm, which will launch on 1 January 2011.
The partners said client conflicts were to blame for their decision to leave.
“It’s with a certain sadness that we had to conclude that forming our own European firm is clearly the best way forward,” said Europe managing partner Willem Hoyng.
“The US should take a serious look at their conflict rules, which are often not in the interest of clients, but are just a tool to outmanoeuvre competition. We had an excellent time at Howrey and we wish our friends at this great firm all the best. We’ll continue to service our mutual clients to the best of our abilities in our new firm in Europe.”
Other partners known to be leaving are head of Europe IP Benoit Strowel, Amsterdam managing partner Bart van den Broek, Amsterdam partner Joris van Manen, Brussels IP head Carl de Meyer and Paris partner Denis Monegier du Sorbier.
“For the past several months we’ve wrestled with the increasingly serious issue of client conflicts - an issue which has presented enormous difficulties for certain European IP partners and for Howrey as those partners developed new business or expanded on existing business,” said Howrey CEO and chairman Robert Ruyak. “For this reason, we’ve come to the mutual decision that it’s in everyone’s best interest for this group to form their own independent firm and they do so with our best wishes.”
“We see this as a win-win situation for both them and us,” said Ruyak. “We intend to work with this new firm to handle IP work for our clients, where appropriate in their jurisdictions, as we have elsewhere in the world.
“For their part, they’ll no longer be burdened with ever-increasing numbers of client conflicts which have become a serious impediment to building their business within Howrey. We’ll support their growth, as they continue to support ours.”
Readers' comments (8)
Muscles from Brussels | 11-Oct-2010 4:41 pm
Add to that departures of Camesasca, Kjolbe, Maier, Schuette and Chellingsworth from the competition side... Sinking ship.
Unsuitable or offensive? Report this comment
Anonymous | 13-Oct-2010 9:18 am
Any word of what the London office will be doing? Looks like the plug may be pulled across the whole of Europe
Unsuitable or offensive? Report this comment
Anonymous | 13-Oct-2010 12:33 pm
what nonsense. there is no sinking ship in Brussels, it is clear to those in the market that actually work with them that their office is busy, and the antitrust practice remains busy and strong, with serious players.
Unsuitable or offensive? Report this comment
Anonymous | 13-Oct-2010 1:23 pm
Bob Koenen, former member of Howrey´s management, was always proud to claim that he built Howrey Europe. Thereafter he jumped to McDermott. Let´s see what he will do their. At least McDermott´s shrinking turnover already looks like Howrey´s...
Unsuitable or offensive? Report this comment
Anonymous | 13-Oct-2010 2:59 pm
At least Bob Koenen can spell...
Unsuitable or offensive? Report this comment
Anonymous | 15-Oct-2010 4:49 pm
They can't afford to lose any more partners or lawyers in London. Compare the head count there with 5 years ago.
Unsuitable or offensive? Report this comment
Anonymous | 19-Oct-2010 1:49 pm
Brussels is now a boutique competition practice, with few equity partners. London now has 5 partners and 5 associates. A number of good people have left. The firm is likely to be in deep trouble - for all its talk of "restructuring", this leaves them with nothing significant in Europe. This is "destructuring" - and it seems that it's happening despite them, not because they are planning it. Americans getting it wrong in Europe. Same old, same old.
Unsuitable or offensive? Report this comment
Anonymous | 20-Oct-2010 1:19 pm
What happened to the race discrimination claim against Trevor Soames, as reported in the Lawyer?
Unsuitable or offensive? Report this comment