Holman Fenwick Willan (HFW) has confirmed plans to open three offices in the Middle East adding to its existing base in Dubai.
The three offices will be launched in Kuwait, Lebanon and Riyadh and are expected to open before the end of the year.
The firm confirmed its plans to open the three offices but declined to comment further as to how many partners would be based in the region.
Currently, the insurance firm’s only office in the Middle East is situated in Dubai. There are nine partners and 20 associates based within the office, which specialises in dispute resolution, transactions and regulation work across the aviation, infrastructure, insurance and shipping sectors.
Although HFW has no other offices in the region it also operates in Abu Dhabi through alliance firm Salem Al Maddfa Advocates and Legal Consultants.
The office openings will be the firm’s latest attempt to increase its international presence. In an effort to show the importance of the Asian market for the firm last year senior partner Richard Crump relocated permanently to Singapore. As region Asia represents a considerable investment for HFW with 20 per cent of the firm’s staff based on the continent.
Last year HFW saw its global revenue fall by 3 per cent, from £143.8m to £139m. On top of this average profit per equity partner dropped 9 per cent to £496,000.