Global top ten law firm Hogan Lovells is set to open an office this year in the Grand Duchy, according to legal industry publications.

The practice will focus on the investment fund sector, Legal Week and The Lawyer both reported on July 15.

“We have plans to open in the country later this summer as there are a number of attractions for us in that market,” Legal Week quoted a firm spokesperson as saying. Voting on new partner hires was meant to have been completed by Monday July 22, the trade magazine said.

UK- and US-based Hogan Lovells employs 2,500 lawyers in 44 existing offices, including 18 in Europe, according to the firm’s website.

A 2009 article said the firm had about $1.8 billion in revenues that year.

Other press accounts said Hogan Lovells had previously worked with Luxembourg law firms Arendt & Medernach and Bonn Steichen & Partners on certain client projects, although there was no formal alliance with either firm.

“For a certain number of years, Luxembourg has been the jurisdiction of choice for the structuring of regulated investment funds, such as Ucits and alternative investment funds,” Pierre Reuter, one of the firm’s two new Luxembourg partners, said in press statement confirming the news on Tuesday afternoon.

He noted that: “Luxembourg offers a stable yet flexible legal and regulatory environment, a skilled workforce and a strategic location. With the passing of the EU’s Alternative Investment Fund Managers Directive in Luxembourg it will be even more attractive for alternative investment fund managers to expand or set up their products in Luxembourg and to thrive here.”

The firm’s other Luxembourg partner is Jean-Michel Schmit.

International law firms continue to expand in the Grand Duchy this year. In January, London-based SJ Berwin, a top 100 global law firm, opened a new office in Luxembourg.

This spring top 100 UK law firm Speechly Bircham moved its two year old Luxembourg practice into larger offices, telling The Lawyer it had grown “considerably”.

CORRECTION: A previous version of this article misspelled the firm name “Hogan Lovells”. Sorry.