In a move that gives the American law firm K&L Gates its eighth European office, it announced on Tuesday an agreement to combine with Luxembourg’s Volckrick & Associates. The move took place on 1 July.
Founder Mathieu Volckrick has been made a partner of K&L Gates Volckrick and is accompanied in the move by counsel Jan Boeing and associate Adam Paschalidis.
Volckrick has more than a decade and a half of experience in the Luxembourg asset management, banking, and financial services industry. This is exactly the profile that K&L Gates was looking for, according to its managing partner for Europe and the Middle East Tony Griffiths. “We needed to find an experienced professional with a reputation for excellence in client service to meet our current clients’ significant requirement for Luxembourg-based funds work and a proven track record in growth and development of a dedicated client base as an engine for further growth in the jurisdiction.”
Mathieu Volckrick was equally enthusiastic about the new firm. “With its stellar reputation advising the investment funds and asset management industries, K&L Gates is a perfect match for us,” Mathieu Volckrick said in a statement. “The firm has seen impressive growth in Europe in recent times, offering an ideal platform to advise real estate and private equity clients in Europe and beyond. Our intention is to continue growing the Luxembourg practice with high calibre hires in the coming months, and leverage on the capabilities, reach, and resources of the wider K&L Gates team.”
Describing Luxembourg as a “critical” centre for financial services and other practices, K&L Gates’ global managing partner Jim Segerdahl said: “Our Luxembourg office is an important link for the firm’s offices and clients throughout Europe, as well as across our global platform. This initiative is another step in the firm’s client-centered growth focusing on key practices, industries, and markets.”