Five lawyers from local firm Noerr have joined Clyde & Co to open the firm’s first office in Germany. With a particular focus in insurance, partners Henning Schaloske and Tanja Schramm lead the team which covers insurance work across financial and professional lines, property, product liability, cyber, warranty and indemnity and regulatory coverage. The team has also holds experience advising on defence work and general commercial disputes.
Clyde & Co global head of insurance Simon Konsta, said there was a gap in the firm’s global network without a base in Germany. He added: ‘Having an office in Dusseldorf, in Germany’s industrial heartland and the home of many domestic and international insurers, will enable us to better support our international clients, form deeper ties with our German clients and increase our share of outbound work from Germany.’
The office’s new head, Schaloske, said: ‘The landscape of risk is changing. Risks are becoming increasingly interconnected and increasingly global. Against this backdrop insurers need advisers that can offer advice across business lines and across geographies. Clyde & Co is pre-eminent in that space.’
In May Clyde & Co confirmed it would open an office in Miami, taking on five partner strong litigation firm Thornton Davis Fein (TDF). The acquired firm, which also specialises in the firm’s traditional insurance focus alongside aviation, marine, liability and construction will be joined by Clyde & Co partner Ricardo Lewandowski who will relocate to the new office from London to launch a Latin American liaison service in Miami.
Pinsent Masons has also opened in Düsseldorf this year, hiring a three-partner team from KPMG’s legal arm. The firm revealed it had hired Clifford Chance employment partner Peter Christ this week, bringing its German headcount to 70 lawyers including 22 partners.