France's Altana, Italy's Nctm, and Germany's Beiten Burkhardt (which includes an office in Moscow) have announced the launch of their new law firm association, Advant, aimed at international clients moving into or expanding within Europe.
According to a joint press release, the firms "will remain independent legal entities but are incorporating the Advant name into their respective brands going forward." Structured as a Swiss Verein and governed by a Board that includes two representatives from each firm, Advant will be looking to recruit new members "in additional key European markets over the years ahead."
According to Advant's website, the association is already "one of the largest European legal advisors. [The] combined team comprises more than 600 professionals, including more than 140 equity partners." Advant has offices in ten western European cities and in Moscow, Beijing, and Shanghai.
"Our firms have known one another and worked together for many years now," said Advant Beiten Managing Partner Philipp Cotta. "Over that time it became clear that our values and vision for the future were very much aligned. We believe that we are stronger together, and offer a unique proposition to the market which will enable us to become a top European player."