One of America’s biggest law firms is defying the turmoil in the commercial legal market with plans to build a large London office of more than 200 lawyers within three years.
Greenberg Traurig, the tenth biggest law firm in the United States, with 1,800 lawyers and revenue of $1.2 billion (£754 million) are recruiting 200 lawyers within three years to reach “critical mass”. That would make it one of the five biggest offices for an American law firm in London.
The firm is called Greenberg Traurig Maher.
The Times online article shows that there are those with confidence in the upturn of business and the potential benefits of ABS.
Mr Maher also hinted that GTM would become one of the first City law firms to float when new rules allowing external investment in law firms come into force in 2012. (ABS)
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