Howrey competition specialist Damien Geradin has become the latest partner to leave the firm after joining the Brussels office of US outfit Covington & Burling.
Geradin joins the firm as a partner in its global antitrust and competition practice, focusing on competition and IP matters. Previous clients have included Microsoft and telecoms company Qualcomm.
Covington’s EU competition head David Hull said: “Damien’s practice and his expertise at the interface of IP and competition issues is a terrific fit with our client base and complements many of our existing capabilities.”
Geradin added: “I believe that Covington’s focus on client service coupled with the firm’s terrific track record and commitment to building a premier global antitrust practice create a unique proposition for clients and look forward to being a part of the team.”
As reported on TheLawyer.com last week, Howreys’s partnership has been hit by a wave of defections over the last year (14 December 2010). More than 60 partners have left across the firm’s office in the US and Europe.
Readers' comments (1)
Anonymous | 29-Dec-2010 11:41 am
Geradin is unlikely to be the last European to leave. Others are unhappy and may follow suit ...
All partners will want to see their capital back. This will cause a cash drain, which in turn makes distributions more difficult, and is likely to trigger further departures.
The perspectives for Howrey´s European offices are thus not good, even though they have been traditionally strong profit contributors. With Amsterdam gone and Brussels cut down to a fraction of what it was, some cash cows stop giving milk...
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