The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Miami law firm Greenberg Traurig has blasted into Europe by launching in Amsterdam and Zurich
The move follows the firm's decision to abandon plans to open a City office because of the overheated London market. Greenberg president and chief executive officer Cesar Alvarez told The Lawyer that opening in London did not make sense because the compensation did not justify the running costs.
The Amsterdam office will be co-founded by Peter Roorda, formerly a senior partner and member of the executive committee of Stibbe, Bernard Stuivinga, former chair of Pricewaterhouse-Coopers' (PwC) Dutch M&A tax practice, and Peter van Langeveld, also a former partner with PwC in the Netherlands.
The three founding lawyers, who have longstanding relationships with Greenberg, will initially lead a team of around 15 lawyers. They will focus on Greenberg's principal practice areas, which include corporate, tax, litigation, real estate and intellectual property.
The Zurich office will be started by Swiss lawyers Markus Barmettler and Andreas Erb. Barmettler and Erb specialise in inter-national tax and entertainment law respectively.
Alvarez said: "Greenberg Traurig's European presence will provide the firm and its clients access to a whole new network of strategic relationships. Both Amster-dam and Zurich bring something unique to the table."
Alvarez said the growth of both offices would be achieved through local lateral hires and that lawyers would not be seconded from the firm's US offices. He added that he expects the offices to be profitable within a year.