Europe

Updates and analysis from The Lawyer covering law firms from across Europe.

European News

Berlin

Gunnercooke plots expansion with first international office

Gunnercooke is set to open two new offices, including its first international one, as its revenue hit £31m in the financial year 2019/20. The Manchester firm, which for years has been running a flexible model, will open a new office in Berlin in October. In addition, it is looking to open a fourth UK office […]

Brussels Belgium

DWF Brussels team to join Crowell & Moring

DWF’s Brussels team is set to join Crowell & Moring, after the former closed its Belgian outpost as part of a wider restructuring exercise. Head of DWF’s WTO & international trade practice Vassilis Akritidis will join Crowell on 1 October with associate Lorenzo Di Masi. It is understood that at least one other associate is […]

germany

Cum-ex saga: German minister casts doubt over future government contracts for Freshfields

Germany’s finance minster today suggested that Freshfields Bruckhaus Deringer is unlikely to receive any new contracts from the country’s government, as he addressed concerns over the ongoing cum-ex saga. Olaf Scholz was questioned in the country’s Bundestag over a range of matters related to cum-ex trading, a controversial practice that was prohibited in Germany in […]

paris

Reed Smith adds Paris partner to executive committee

Reed Smith has seen a changing of the guard within its internal executive committee, as longstanding member Andrew Jenkinson steps down. Jenkinson is leaving the managerial body after the end of his three-year term. However, he will keep on his role as managing partner of the London office. On the committee, he will be succeeded […]

Dublin

Dentons targets more local firms for delayed Dublin launch

Dentons has opened its doors in Dublin, after postponing the launch over the summer as a result of the coronavirus pandemic. The firm had planned on opening in Q2, having announced its intentions at the start of the year. Initially the firm hired three partners to kickstart operations; Eavan Saunders and Peter O’Brien from William […]

Brussels Belgium

Cooley boosts Brussels office with DLA lateral

Cooley has made its first lateral hire in Continental Europe since the opening of its Brussels office in 2019. The firm has taken on DLA Piper Brussels-based partner Patrick Van Eecke, who was global co-head of cybersecurity and data protection at the rival firm. He will complement Cooley’s Brussels practice, which focuses on competition and […]

stacking money

DLA Piper turnover soars above £2.1bn in 2019/20 financials

DLA Piper’s revenue for offices outside the Americas surpassed £1bn over 2019/20, while global turnover crept above £2.1bn. The firm’s latest accounts show that revenue for its international LLP, which covers all offices outside of the Americas, grew from £974m to nearly £1.1bn. DLA does not specify overall UK revenue, but its London office revenue […]

Wirecard

Quinn drafts in litigation funder for Wirecard clash against EY

Litigation funder Omni Bridgeway has teamed up with Quinn Emanuel Urquhart & Sullivan to fund proposed litigation brought on behalf of shareholders of Wirecard. The litigation, which is being considered against EY, follows the insolvency of Wirecard in June after allegations of balance sheet manipulation. Senior executives and leadership at Wirecard were also arrested on […]

germany

Pinsents’ Vario snaps up LOD’s German leadership duo

Pinsent Masons’ flexible resourcing service Vario has brought in the German leadership duo of rival Lawyers On Demand (LOD), as the latter prepares to shut down in the region. Vario, whose turnover is understood to have grown by 30 per cent in the last financial year from £14m to an estimated £18m, has hired Carl […]

Featured Briefings

Switzerland – restructuring and insolvency activity

The Swiss federal government’s Expert Group expects Switzerland’s GDP to fall by 1.5 per cent in 2020, down from previous expectations in December 2019 that predicted a rise of 1.3 per cent, mainly because of covid-19.

Romania – Consumer protection updates in the audio-visual media field

In November 2018, the European Parliament and the Council of the European Union enacted the Directive (EU) 2018/1808 amending Directive 2010/13/EU on the coordination on certain provisions laid down by law, regulation or administration in Member States concerning the provision of audio-visual media services in view of changing market realities (the “Audio-Visual Media Services Directive”).

AMLA and DLT: current political developments

The AMLA is one of the fastest changing laws in Switzerland. Fundamental amendments are made to it practically every year. Just a few days ago, the Council of States voted on two draft laws which are of great importance for many economic players in Switzerland.

Western Europe

Central Europe

Eastern Europe