Lovells has poached a Simmons & Simmons corporate partner to boost its Frankfurt offering.
M&A and private equity specialist Wolfang Hess will leave Simmons’ Frankfurt office in January, joining Lovells as a partner, according to German publication Juve.
According to Juve, Lovells’ managing partner David Harris said: “Our clear goal is to strengthen our German practices in strategic locations. We have to therefore continue to invest in Frankfurt and in other important german financial and economic markets.”
As first reported on thelawyer.com (30 August), Lovells is taking an axe to its entire Berlin office following a radical review by the firm’s management.
Noerr Stiefenhofer Lutz took two partners and a team of associates from the Berlin office earlier this month, leaving it with only three partners, who will be relocated.
Lovells’ Berlin office was rocked earlier in the year following the departure of its five-person banking team. Restructuring and leveraged finance specialist Thomas Lindemann and acquisition finance partner Andreas Schwennicke left to set up their own firm with three associates.
Following the group’s exit, Lovells decided to focus its banking practice on its Frankfurt office.