A&O abandons Albanian outpost

Allen & Overy is to transfer its two-lawyer Albanian office to its Austrian ally Wolf Theiss, after deciding that the office no longer fitted with the magic circle firm’s strategy.
A&O had inherited the Tirana office when it merged with Italian firm Brosio Casati e Associati in 1998. It had initially been established to serve the European Bank for Reconstruction and Development and the International Finance Corporation, which were financing infrastructure projects in Albania at the time.
It will be the seventh office for Wolf Theiss, which has a strong central and eastern European network.