Law firm Speechly Bircham is opening new offices in Luxembourg and Zurich, in a move to take advantage of the growing number of family office and ultra-high net worth clients on the Continent.
Mark Summers, partner in the firm’s private client division, and Michael Lingens, Speechly Bircham’s UK managing partner told CampdenFB: “The Swiss client base is fast expanding and clients and family offices want to deal with law firms on the ground level. Opening offices in two of Europe’s leading financial centres has been on the back of the firm’s many years of work with clients based in these jurisdictions.”
The London-based law firm said that it will focus on a combined offering to private banks, UHNW clients and family offices. “We provide a vertical service to family offices starting from the ownership level and helping clients set up their private offices,” said Summers.
The law firm added that this international expansion will help the group cater better to the growing number of UK families relocating permanently to Zurich, and its UK clients who use Zurich as their financial centre of choice.
Featured on CampdenFB’s list of top 10 law firms for family businesses, Speechly Bircham’s Luxembourg office will open on 1 June and will practice Luxembourg law – it will be led by corporate lawyer Françoise Pfeiffer. The Zurich office, to open on 20 June, will practice English law and will be headed by Summers.
Pfeiffer was previously head of banking and finance at Oostvogels, the Luxembourg-based law firm, and is also a member of the Luxembourg Bar.