Prominent law firm to invest $8.9 million locally to support U.S. global offices
Louisville, KY (February 25, 2016) – Hogan Lovells, a leading international law firm, has selected Louisville as home for its second global business services center, with an $8.9 million investment projected to create 250 high-quality jobs, Mayor Greg Fischer and Governor Matt Bevin announced today.
Fischer welcomed Hogan Lovells as the newest addition to Louisville’s robust business services sector.
“As an international law firm, Hogan Lovells’ investment further enhances Louisville’s presence in the global economy,” Fischer said. “Hogan Lovells selected Louisville because of our diverse and high-quality workforce, and we look forward to partnering with them to fill the 250 new jobs they are bringing to our city.”
The business services center is the Hogan Lovells’ second such location, with the first located in Johannesburg, South Africa. The Louisville location, which hasn’t yet been finalized, is expected to open this summer and will allow the firm to better provide support to its clients in the U.S.
“As one of the world’s most influential law firms, Hogan Lovells’ decision to locate a business services office in Kentucky represents a significant compliment to the quality of our workforce and the desirability of our location,” said Gov. Bevin. “The 250 high-paying jobs associated with this announcement represent a great benefit to the Louisville area, and we at the state anticipate Hogan Lovells will fit well with the business community.”
Hogan Lovells formed in May 2010 with the merger of Hogan & Hartson, a U.S.-based firm, and Lovells, a European firm. Since the merger, it has been listed among the top 10 international legal practices in the world, providing business-oriented legal advice and high-quality service to clients around the globe. The firm includes Hogan Lovells US LLP and Hogan Lovells International LLP.
“We believe that this approach to how we deliver our business services is innovative, pragmatic and strategically sensible in light of market and client expectations,” said Scott Green, Hogan Lovells’ chief financial officer.
Alice Valder Curran, Hogan Lovells’ Washington D.C. regional managing partner, said the firm concluded that many of its business services need to remain close to its lawyers while others can be readily performed remotely with no impact to quality.
“The key is to find a location with quality and readily available personnel in a time zone that can support our Americas offices,” she said.
Hogan Lovells’ Americas regional managing partner, Cole Finegan, said the firm chose Louisville as it offers an excellent supply of talented people.
“It is (also) well placed in terms of time zones and offers good opportunities for cost savings when compared to Washington D.C. and a number of our other existing office locations,” he said.
Deana Karem, Greater Louisville Inc. vice president of economic development said Hogan Lovells’ choice to locate in Louisville is a testament to the success of regional partnerships.
“Greater Louisville Inc. is thrilled to welcome this internationally known law firm to Louisville,” Karem said. “We look forward to working with the city and Hogan Lovells to ensure their success.”
For more information on Hogan Lovells, visit www.hoganlovells.com.
