Hogan Lovells targets FTSE 100 in drive for board-level relationships
Hogan Lovells' corporate practice is aiming to increase board-level contacts at companies in a bid to strengthen its ties with FTSE 100 clients. The firm, which has been attempting to develop its City corporate practice for some time, is hoping that improving links at board level, rather than focusing purely on in-house legal teams, will help expand relationships from other practice areas into corporate as well as target new clients.
November 16, 2011 at 07:03 PM
2 minute read
Hogan Lovells' corporate practice is aiming to increase board-level contacts at companies in a bid to strengthen its ties with FTSE 100 clients.
The firm, which has been attempting to develop its City corporate practice for some time, is hoping that improving links at board level, rather than focusing purely on in-house legal teams, will help expand relationships from other practice areas into corporate as well as target new clients.
As part of the move, Hogan Lovells has partnered with the Financial Times to create a report on the M&A market, which it will present to chief executives at FTSE 100 companies during a series of meetings in the coming weeks.
The move comes after the firm set out ambitious plans this time last year to offer marquee laterals above-lockstep pay deals as part of a drive to expand its City M&A practice, which has long been regarded as punching below its weight.
Despite the plans, which were intended to bypass restrictions caused by legacy Lovells' lockstep before full financial integration with its US merger partner, the firm has yet to hire a high-profile City corporate partner.
One corporate partner at the firm estimated that the firm currently advises less than 10 FTSE 100 companies on corporate transactions. "That number is too low for a firm of our size. The number of FTSE 100 clients we advise in other practice areas is less embarrassing, but there is a lot of cross-selling to be done," he said.
Andrew Pearson, the firm's newly-appointed head of corporate finance, said: "It's about striking a balance – close ties with the legal teams are important, but relationships at board level are vital, particularly in M&A."
He added: "We have worked on several high-profile mandates since the merger and want to keep building on this momentum. We hope to gain 'trusted adviser' status with significantly more of the FTSE 100 than we currently advise."
This content has been archived.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
© 2025 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 AllKirkland’s O’Shea Acts Alongside Former Outfit Simpson Thacher on KKR Deal
2 minute readHengeler, Noerr, Freshfields Steer Multi-Million Euro Deals for XXXLutz, Huf Group & More
3 minute readTrending Stories
- 1We the People?
- 2New York-Based Skadden Team Joins White & Case Group in Mexico City for Citigroup Demerger
- 3No Two Wildfires Alike: Lawyers Take Different Legal Strategies in California
- 4Poop-Themed Dog Toy OK as Parody, but Still Tarnished Jack Daniel’s Brand, Court Says
- 5Meet the New President of NY's Association of Trial Court Jurists
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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