Freshfields Bruckhaus Deringer merging German offices
Freshfields Bruckhaus Deringer is planning to consolidate an office in Germany, stating its goal as boosting its presence in the country's industrial heartland, Rhineland. The offices that will be consolidated are the Düsseldorf and Cologne offices, and the decision is not yet made, which office will close. With an office lease expiring in 2017, however, Cologne is viewed as the likely office to close.
The firm's heritage in Germany is tied directly with its legacy firms Deringer Tessin Herrmann & Sedemund and Bruckhaus Westrick Heller Löbber. The two firms merged with Freshfields in 2000. Deringer was headquartered in Cologne beginning in 1970 up until the merger. Bruckhaus meanwhile was based in Hamburg. The merger made it the largest international firm operating in Germany and has instructed the culture of the firm since.
Several firms have been attempting to make their German operations very lean. Clifford Chance, Mayer Brown, Orrick Herrington & Sutcliffe and Olswang are just a few firms that have undertaken efforts to trim operations or else close or consolidate offices in the country.