Archive for September 5th, 2012
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With the fallout of the financial crisis, very few law firms have opened offices in Brussels in recent years.
To my best knowledge, the latest one would be Wilson Sonsini.
Several big US law firms without AT capabilities in Brussels thus keep referring work to EU law firms.
This decision clearly can be questioned under a simple cost/benefit analysis. Setting-up an office in Brussels seems to represent little costs, and can surely bring good money. All the more so given the thriving state of antitrust enforcement in the EU, irrespective of the crisis.
This may be what has prompted Baker Botts to launch today a Brussels practice.
Congrats and best of lucks to both Paul Lugard and Catriona Hatton for this new venture!
BTW, Baker Botts is known for being strong in the oil business, as well as for having taken over a large chunk of ex-Howrey lawyers in the US.