The respective partnerships from international law firms Hogan & Hartson LLP and Lovells LLP have approved the much talked about merger of the two firms. The combination creates Hogan Lovells, a considerable establishment that will have total revenues of approximately US$1.8 billion and around 2,500 lawyers in 40 offices throughout the United States, Europe, Asia, the Middle East, and Latin America. Touted as the first transatlantic “merger of equals”, Hogan Lovells will begin operating as one from 1 May 2010. It will be jointly led by current Hogan & Hartson chairman, Warren Gorrell, and Lovells managing partner, David Harris, who will work alongside one another as co-CEOs.
Both firms view the move as a progressive response to the increasing need by large multinational clients for high quality legal advice on complex, cross-border transactions, disputes and commercial matters. David Harris commented, “The new firm will have unrivalled global capability and distinctive strengths in dispute resolution, regulatory, antitrust, corporate, finance, intellectual property and real estate. It will also provide clients with access to considerable industry knowledge and resource in key sectors, including energy, financial services, telecommunications, media and technology, life sciences and pharmaceutical, consumer goods, real estate, natural resources and infrastructure.” |
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