Report this comment to a moderator

Jones Day bolsters Paris finance team with Gide hires

@Anonymous 10:58 am Fair points. But you're not addressing the key issues: As someone said, "Who would turn to Gide for a massive international arbitration dispute? A headline-grabbing joint venture? A multi-source cross-border financing? A glorified continental firm doesn't make a global firm." These are relevant queries. How can any firm -- doesn't matter whether it's Gide or any another continental firm -- succeed internationally without a substantial London or NY presence? Surely this question is relevant to many continental firms, without singling out Gide specifically. At the end of the day, a firm can focus on a few core jurisdictions where it is profitable, or try to be 'global' and have profitable offices subsidise new markets. How does it work out if you want to become global without a very profitable home base and/or an established London or NY presence?

10-Oct-2012

10:39 pm