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Watson Farley & Williams has launched a Greek law practice with the appointment of Efstratios Paschalidis as a partner in its Piraeus office.
Highly rated Greek lawyer Paschalidis joined Watson Farley from Vgenopoulos & Partners, where he has been for 20 years. Paschalidis has experience of advising Greek banks in regard to shipping and corporate matters.
Watson Farley managing partner Michael Greville told The Lawyer: "We've been in Piraeus since 1984. Over that time we've seen that the Greek economy has developed. There have been more and more reasons to do Greek law work.
"What we'll be doing in Piraeus is supporting our English law ship finance practice. If you don't offer local law advice you're constrained in what you can do."
The appointment takes the number of partners in Watson Farley's Piraeus office to two.
In a separate move, Watson Farley has expanded its energy practice with the appointment of Michael Wachtel, who is joining the firm's London office as a partner. Wachtel was previously an of counsel at Freshfields Bruckhaus Deringer.
Greville said: "What Mike brings is expertise in doing acquisitions and commercial work for oil companies."