Twelve-partner Howrey IP team breaks away to set up new firm
Howrey's Europe intellectual property (IP) head and at least 11 other partners are departing to set up a new IP firm, citing client conflicts and poor workflow with the US side of the firm, reports The Am Law Daily. Fourteen associates are also expected to leave to join the new firm, which will be called Hoyng Monegier. Among the confirmed departures are name partners Denis Monegier du Sorbier and Willem Hoyng, the managing partner of Howrey Europe and a member of the firm's executive committee.
October 11, 2010 at 04:48 AM
3 minute read
Howrey's Europe intellectual property (IP) head and at least 11 other partners are departing to set up a new IP firm, citing client conflicts and poor workflow with the US side of the firm, reports The Am Law Daily.
Fourteen associates are also expected to leave to join the new firm, which will be called Hoyng Monegier.
Among the confirmed departures are name partners Denis Monegier du Sorbier and Willem Hoyng, the managing partner of Howrey Europe and a member of the firm's executive committee.
Other departures include Benoit Strowel, the head of the firm's European IP practice and one of Europe's best-known IP litigators, along with Amsterdam managing partner Bart van den Broek, Brussels IP head Carl de Meyer and Amsterdam partner Joris van Manen
Howrey's Amsterdam office has a total of seven partners, all of who specialise in IP, as well as 11 other counsel and associates. All are reported to be leaving. All four IP partners in the 40-lawyer Brussels office are also expected to leave.
One partner and a few associates are also leaving the Paris office, the firm confirmed.
The departing lawyers cite workflow problems between the US and Europe on IP matters, especially compared with the volume of US referral work they handled before joining Howrey.
Problems have been exacerbated by US conflict of interest rules, which have prevented them from taking on work they might have been free to pursue as partners with European-based firms. "You often have to turn away work here because of the more stringent conflicts rules in the US," says one partner.
The departures, which the firm says have yet to be finalised, call into question the unique global litigation model Howrey has trumpeted since it began expanding its core IP and antitrust practices in Europe nearly a decade ago.
"The fundamental reason we are doing it is we don't think the market is ready for a transatlantic model for IP," said one departing partner.
Howrey currently has 254 partners worldwide and roughly 550 lawyers spread across 18 offices. The firm concentrates exclusively on litigation and limits its focus mainly to three practice areas: IP, antitrust, and global litigation and dispute resolution.
Howrey opened its doors in Amsterdam in 2003, and is regarded as one of the leading US firm in Europe for intellectual property work.
The Brussels IP practice was founded in early 2005 with the arrival of De Meyer, the former head of Linklaters's Brussels office.
After the expected departures, Howrey's European IP practice will be left with just 10 IP partners spread across five European offices – two in Paris, three in Munich, two each in London and Madrid, and one in Duesseldorf.
Last year Howrey saw firmwide profits per equity partner fall by 35%. Robert Ruyak (pictured above), Howrey's CEO and chair, said last Wednesday (6 October) that the firm was embarking on a "restructuring" in Europe, with plans to grow in some areas of higher demand.
In addition to the twelve Howrey partners, five other as-yet-unnamed IP partners are set to join Hoyng Monegier from firms in Amsterdam, Brussels and Paris.
The Am Law Daily is a blog on law.com, Legal Week's US affiliate title.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllBird & Bird Steers Katjes in Bittersweet Dispute with Lindt & Nestlé Over Vegan Chocolate Patent
Sidley Surges, Linklaters Leaps: The Hires That Made The Headlines in 2024
5 minute readHong Kong Bourse Seeks Feedback on IPO Price Discovery, Takes Steps to Boost Capital Markets Activity
Big Four Japanese Firm Mori Hamada Launches Foreign Joint Law Enterprise, Joins Rebrand Drive
Trending Stories
- 1Authenticating Electronic Signatures
- 2'Fulfilled Her Purpose on the Court': Presiding Judge M. Yvette Miller Is 'Ready for a New Challenge'
- 3Litigation Leaders: Greenspoon Marder’s Beth-Ann Krimsky on What Makes Her Team ‘Prepared, Compassionate and Wicked Smart’
- 4A Look Back at High-Profile Hires in Big Law From Federal Government
- 5Grabbing Market Share From Rivals, Law Firms Ramped Up Group Lateral Hires
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250