Summary: International law firm Hogan Lovells will open its first American global business center in Louisville, Kentucky.
An international law firm plans to add 250 jobs in the United States.
The Courier Journal reports that Hogan Lovells has chosen Louisville, Kentucky as the base for its second global business services center. This is the first one in the United States. They are putting $8.9 million into the project to create 250 jobs with an average annual salary of $65,000.
The firm plans to add 100 jobs at the Louisville office in its first year, The Courier Journal reports. In eight years, the firm plans to add 150 more.
“We chose Louisville as it has an excellent supply of talented people, is well placed in terms of time zones and offers good opportunities for cost savings when compared to Washington, DC and a number of our other existing office locations,” Hogan Lovell’s Cole Finegan, the Regional Managing Partner for the Americas, said in a statement.
According to leading legal website LawCrossing, Hogan Lovells has more than 40 offices in 26 countries. Its practice includes numerous specialties including corporate, intellectual property, and pro bono. Courier Journal reports that Hogan Lovells formed in 2010 after the merger of U.S.-based Hogan & Hartson with Europoean firm Lovells. Since the merger, Hogan Lovells has been named the top 10 international legal practices in the world.
Hogan Lovells employs about 2,500 lawyers.
The Louisville location is expected to open this summer and focus on the firm’s American clients. The operations would include legal support staff, and the plan is to eventually add attorneys and paralegals.
Hogan Lovells’ Washington D.C. managing partner, Alice Valder, said that business services can be performed remotely.
“We have concluded that a significant number of our business services need to remain close to our lawyers while others can be readily performed from a remote location with no impact to quality,” Curran said in a press release. “The key is to find a location with quality and readily available personnel in a time zone that can support our Americas offices.”
Source: Courier Journal