US law firm Shearman & Sterling is preparing to open an office in Egypt, marking the firm’s first foray into Africa with plans for an international arbitration and projects practice.
Into Africa: Orrick launches Cote d’Ivoire presence as Gide announces Morocco union with Cuatrecasas
The race by firms to establish a presence in Africa continues apace as Orrick, Herrington & Sutcliffe has today (20 October) announced the launch of an affiliated office in Abidjan, Cote d’Ivoire, the third-largest French speaking City in the world, while leading European firms Gide Loyrette Nouel and Cuatrecasas, Gonçalves Pereira have created a union of their Morocco practices in a bid to bolster their presence in one of North Africa’s most politically stable regions.
Having been speculated over for some time, Magic Circle firm Allen & Overy (A&O) has, today (8 August), announced its entrance into South Africa with the launch of an office in Johannesburg, and hired a seven-strong banking and finance team from local firm Bowman Gilfillan.
Allen & Overy (A&O) is getting closer to becoming the first Magic Circle firm to launch a South Africa base following the hire of banking head Lionel Shawe from local firm Bowman Gilfillan, along with a team of partners.
Norton Rose Fulbright has enhanced its top tier energy practice in South Africa with the hire of energy specialist Lizel Oberholzer, following recent expansion by other international law firms in the market.
Following an extremely acquisitive year since its strategic alliance with Salans came to an end, Pinsent Masons shows no signs of slowing down, with Turkey and Africa next in its sights for 2013.
According to a spokesperson at the firm, Pinsents is considering a joint venture or alliance in Turkey next year and its recent launch in Paris also potentially provides access to the energy and infrastructure market in northern and sub-Saharan Africa.