Haynes and Boone Takes On European Expansion
Haynes and Boone Takes On European Expansion
Summary: The addition of a London office through a merger with Curtis Davis Garrard is awaiting U.K. regulation authority approval.
In an announcement Thursday, Haynes and Boone expressed their desire to acquire or merge with London-based boutique Curtis Davis Garrard. The 20-lawyer strong firm was established 20 years ago with a strong reputation built upon shipbuilding and offshore oil and gas industry expertise. Haynes and Boone believe the addition will be attractive to Texas energy clients.
Should the merger happen, Haynes and Boone will become the fifth largest law firm in Texas by having a total of 585 lawyers and over $362 million in annual revenue. It would also enhance their abilities internationally in the energy industry and give them the London office they have been trying to gain for many years.
Partners at both law firm have approved the merger and now await approval from the Solicitors Regulation Authority in the U.K. The exit of the European Union by the U.K. is not believed to be a factor.
The firms propose that their new name in Europe will be Haynes and Boone CDG , but remain Haynes and Boone in the United States and elsewhere. Managing Partner Tim Powers said, “Our clients will continue to seek out accomplished London practitioners for English law advice on their global business transactions. In CDG, we found a supremely talented group of lawyers who will help us establish a premier London practice capable of providing a full range of services to companies in the industries we serve.”
Partner Brad Richards will relocate to London to lead the integration and development of CDG into the Dallas-based law firm.
CDG’s Senior Partner Simon Curtis said, “We see distinct advantages for our clients in joining a full-service, U.S.-based law firm, particularly one with a robust energy practice and a strong Houston office. Haynes and Boone is an ideal fit, both in terms of its practice strengths and its like-minded culture. Happily for all of us, timing and opportunity aligned.”
Photo: prweb.com
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