Orrick to halve German network with two office closures
Firm closes in Frankfurt and Berlin but leaves its Duesseldorf and Munich bases
April 28, 2015 at 07:50 AM
2 minute read
Orrick Herrington & Sutcliffe is halving the size of its German network by closing its offices in Frankfurt and Berlin later this year.
At present the firm has five partners in Frankfurt and Berlin who have all been offered the opportunity to relocate to Orrick's remaining offices in Duesseldorf and Munich.
There are six associates in Berlin while Frankfurt has four associates and one counsel.
In a statement the firm said it would make decisions about relocating associates and other staff on a "case-by-case basis" and all staff leaving the firm would be given "generous packages".
Orrick chairman and chief executive officer Mitch Zuklie said: "We believe that focusing our German growth and investment on Duesseldorf and Munich – as well as on our practice strengths in cross-border M&A, tech, energy, real estate and dispute resolution – will be of greatest value to our clients globally and will enable us to further integrate our practices in Europe and worldwide."
He added: "We have great momentum across Europe, and we are confident that this is the best office platform for us to build upon our distinctive strengths in Germany."
Orrick entered the German market in 2008 through a merger with local corporate firm Hoelters & Elsing, forming Orrick Hoelters & Elsing. The firm originally opened with three offices taking on Hoelters' bases in Duesseldorf, Frankfurt and Berlin.
The firm launched its Munich office in 2011 with the hire of an eight-lawyer team from Denver-based technology and media firm Holme Roberts & Owen.
Last year King & Wood Mallesons closed its Berlin base following a strategic review of the firm's Germany practice, leaving just one office in Munich.
This year Clifford Chance confirmed several partner exists from Germany following a regional review led by German head Peter Dieners.
Legal Week reported in December that up to nine partners across the firm's offices in Munich, Frankfurt and Duesseldorf would leave as a result of Dieners' review. In December the firm had 83 partners across Germany.
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