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Weil Gotshal & Manges to Close Prague Office

Weil Gotshal & Manges to Close Prague Office

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Weil Gotshal & Manges has announced that it will close its Prague office at the end of this year.

According to a statement released by the firm: "Weil and its Prague partners, Karel Muzikar, Karel Drevinek, Petr Severa and Karolina Horakova, have agreed that as of January 1, 2019, the Prague office will split from Weil, Gotshal & Manges to be owned and operated by these partners as an independent firm.  The Prague office will seamlessly continue to provide top class legal services in the Czech Republic which it rendered to clients for the past 25 years.  On cross-border transactions involving other jurisdictions, the Prague office will continue to work with Weil’s offices based on clients' needs."

Weil closed its Budapest office at the beginning of 2018, with the team, led by Partner David Dederick, joining the Budapest office of Bird & Bird as reported by CEE Legal Matters on January 11, 2018.

In a statement to The Lawyer, Weil Executive Partner Barry Wolf announced that: “Over the years, our Prague office has been a leader in the region, involved in many significant transactions in the Czech Republic. We are very proud of all that our colleagues have achieved and we know they will continue to accomplish great things.  We thank them for their many contributions to Weil and wish them all the best.”

This continues the recent withdrawal from the region of the larger international firms, with Weil, Gide, Clifford Chance, and White & Case each closing multiple CEE offices in the last few years, following the pullback of Linklaters and Freshfields a decade earlier.

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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