Salans raids ally for Budapest launch

Salans has split its Hungarian ally to open a new office in Budapest as it seeks to ramp up its presence in Central and Eastern Europe (CEE).

The launch sees two partners from Salans’ threepartner associated firm Szabó Kovári Tercsák & Partners Attorneys join the firm along with another 10 associates.

Judit Kovári and Tamás Tercsák will join Salans on 1 January. Szabó Kovári’s senior partner Tamás Szabó is remaining independent.

Salans chairman Stephen Finch said the firm would continue to work with Szabó in areas it cannot cover itself.

Finch said: “The lack of an office in Hungary has always been a gap for us. It’s an important development and it’s primarily client-led.”

He said that Salans would be recruiting for additional lawyers to meet client demand.

Tercsák said the launch would give both the firm and its clients “tremendous benefits and opportunities”, particularly for international work.

The office will mainly offer advice in cross-border real estate and M&A, tying in with Salans’ expertise in other CEE countries, such as Poland and the Czech Republic.

The Budapest outpost will also work closely with Salans’ Berlin office, which was set up earlier this year after a raid on Haarmann Hemmelrath.

Salans also has a presence in Romania, Slovakia, Russia, Azerbaijan and Kazakhstan, giving it one of the widest CEE presences of any international law firm.