Allen & Overy's opening
of its new office in Washington, D.C., announced today at legalweek.com demonstrates the
smart way to plan and execute an international expansion strategy: Go only where
you need to go, but go there with the best.
The London-based global firm will build
its Washington practice around three financial regulatory lawyers from O'Melveny &
Myers' Washington office (and possibly a few more whose intentions have
not been confirmed yet). The Washington office will be A&O's second in the United
States and will push the total number of the firm's U.S.-based lawyers to just short
The comments of Allen & Overy's Senior
Partner, David Morley, demonstrate an approach to international expansion that explains,
in no small part, A&O's success worldwide. As quoted in Legalweek:
Washington DC has been a strategic priority
for some time but it was important to find the right team. If it is important to
our clients, then it is important to us. Washington is not just the regulatory capital
of the US, it also has a deep talent pool of good lawyers. It is important to note
that this is a long-term investment for us and we intend to significantly grow the
office going forward.
Planning, patience, and commitment to
the long haul: Those are three fundamentals of a successful growth strategy
for law firms of any size.
on the Walker Clark Worldview Blog.
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