The new office is slated to open from early next year and will be headed up by current NRF Greece head Dimitri Sofianopoulos, who will split his time between Monaco and Greece. Having received clearance to open in the principality in early September, NRF is set to join a small of international law firms who have already opened their doors in the city. Ince & Co has operated a shipping, yachts, superyachts and commodities practice in Monaco since 2011, while Gowling WLG has a private client presence and Hill Dickinson also has a small office.
Enhanced services for local clients
NRF Europe, Middle East and Asia managing partner Martin Scott commented: ‘Our shipping and finance practice is widely regarded as a global leader and, as much of its work is derived from businesses located in the principality, it makes sense for us to establish a base there from which to provide an enhanced service to our clients.’ The new office, which will operate as Norton Rose Fulbright Monaco SAM, will be the firm’s 54th office worldwide and its 13th in Europe.
Sources: The Lawyer; Legal Week
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