Legal Week- Nixon Peabody has unveiled its long-planned City arm, handing the top 100 US law firm its first foreign outpost, it was announced today (18 October).
The seven-lawyer branch will be overseen by New York-qualified financial services specialist Stavros Adamidis, with three partners being based permanently in the UK.
The firm launches the practice with three UK-qualified partners, Paul Biggs, Simon Norris and Patrick Leece, and one UK associate alongside three US associates.
The firm said the practice will focus primarily in leverage and project finance and corporate trust work, as well as serving as an international hub for the firm’s arbitration practice.
Nixon Peabody chairman Harry Trueheart said: “More and more of our US-based investor clients, from institutional owners and banks to hedge funds, are investing in the European markets. We’re also seeing more finance clients start operations in London.â€Â
He added: “We recognize the importance of London as a world financial centre. We have opened an office in London in response to our clients’ needs and see this as the right time to extend our client centred approach to the London market.â€Â
