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Orrick Herrington & Sutcliffe has continued its attack on the Italian market by taking on a 16-lawyer firm in Rome, just 10 months after launching an office in Milan.
Three-partner firm Studio Legale e Tributario (not to be confused with Ernst & Young (E&Y) firm Studio Legale Tributario) specialises in banking and finance and administrative law.
The team is led by Patrizio Messina, who is joined by fellow partners Claudio Guccione and Domenico Galli. All three will be joining as equity partners.
The firm has been looking for a banking capability in Italy since it first launched with a 20-lawyer corporate and public law team from E&Y’s Studio Legale Tributario in Milan.
“Finance is one of the pillars of Orrick, which is the reason that [Studio Legale e Tributario] looked at us,” said European managing partner David Syed.
Messina will head the banking and finance practice in Italy as well as becoming the administrative partner in Rome. Alessandro De Nicola will continue as managing partner for Italy.
The Italian firm first approached Orrick last may and, following negotiations with the executive partnership, the deal was finally voted through by the Orrick partnership last week.
Studio Legale e Tributario was founded three years ago after a split from Studio Legale e Tributario Alderighi Tesauro e Associati.
Messina specialises in structured finance and securitisation work. He has previously advised Banca Monte dei Paschi di Siena. His fellow partners both advise on administrative law, such as public procurement and project finance work Guccione is a former head of legal at the Italian Highway Association (Assoc-iazione Italiana Societa Concessionarie Autostrade e Trafori). Galli has been a former head of administrative law at the Italian National Railways Company.