Watson Farley & Williams (WFW) is making moves to grow its New York office, as longstanding firm chair Frank Dunne gets set to move Stateside and it hires Mishcon de Reya's New York litigation head Joshua Sohn.

Dunne said the firm is making a concerted effort to boost its capability in New York.

He said: "Over the last ten years or so, Watson Farley & Williams has invested heavily and looked eastward – and this is quite a significant step in investing in the westward direction."

Shipping partner Dunne, who has chaired the firm since 2004, is set to move from London to New York in the next few months.

He said: "I am a maritime commercial and finance specialist – I see tremendous opportunity in New York. New York has been an engine of growth in our industry, the maritime space especially, as a creative source of new capital and new finance to the industry."

The firm's co-managing partner Chris Lowe said WFW has identified New York as a significant opportunity for the firm. He said: "There may be 100,000 lawyers on Manhattan but it's not overlawyered, particularly in our space."

In addition to Dunne's move, the firm has hired Sohn and a team of three associates from Mishcon's New York office.

A litigator with more than 20 years' experience, Sohn joined Mishcon from DLA Piper in 2014. He made partner at DLA in 2006 and was national co-chair of the firm's real estate litigation group.

Daniel Rodgers, WFW's New York head, said: "Chris and Lothar [Wegener, co-managing partner] and I sat down in the fall of 2013 to talk about where we go in the New York office and at the time, the decision was taken to make a significant commitment and an investment in premises and people."

The firm moved to a larger office in New York in February 2016, signing a 15-year lease for a new office on 250 West 55th Street.

Rodgers said the firm had broadened out from its shipping base in New York, adding a "significant real estate component" and "with Josh we have rebalanced our litigation practice to diversify from the maritime sector".

Rodgers said the firm was also looking to boost its finance and corporate practices in New York.

"We have 11 partners; if I count Frank that makes 12 and with Josh coming in that brings it to 13 – we could have 15 before the end of the year," he said.