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Lovells is gearing up to reap the benefits of the upcoming EU accession by taking on a specialist corporate finance partner from Dewey Ballantine.
Stephen Jones will join the firm today (9 February) after spending a number of years practising in Central and Eastern Europe, first in Warsaw as the managing lawyer of a joint venture between Dewey and Theodore Goddard (now Addleshaw Goddard).
Established in 1992, the joint initiative opened offices in Budapest, Prague and Warsaw. Jones joined Dewey as a partner in 1996 when Theodore Goddard sold its stake in the venture.
At present Lovells has six partners spread throughout Moscow, Prague and Warsaw and associated offices in Hungary and Croatia.
Jones will be based in London and will work closely with corporate partner Karen Wedekind, who also has extensive experience of Central and Eastern Europe. Hugh Nineham, co-head of Lovells’ corporate practice, said the firm is hoping to add to its lawyers in the region as work increases.
“We’re hoping we’ll encounter a need to build it up,” said Nineham.
During his time at Dewey, Jones worked with Lovells on a number of deals with some of its largest clients, including SABMiller and the European Bank for Reconstruction and Development.