A&O hires banking and investments team from Norton Rose in Germany
Allen & Overy has boosted its German presence with the hire of a banking regulation and investment funds team from Norton Rose.
The team is led by partner Frank Herring – head of Norton Rose's Frankfurt banking regulation and investment funds practice – and includes three senior associates: Valeska Karcher, Detmar Loff and Marco Zingler.
Herring said: "Norton Rose has a very good practice internationally and in Germany, but the international network is not as strong as I would like it to be on the regulatory side.
"A&O, however, has a very strong platform in the region and has got a much larger footprint in corporate and banking here, so I felt my practice would be more enhanced and my clients have all expressed that they are very happy with the move."
A&O Germany senior partner Neil Weiand said: "This hire is all part of our growth strategy in Germany. It is hard to find experienced funds lawyers in Germany, so when this opportunity came up we were very pleased to capture it."