For richer for poorer: has the Hogan Lovells union delivered on its promise?

While the 2010 merger of Hogan & Hartson and Lovells has gone more smoothly than many expected, on some counts it has underdelivered - can the firm kick on to the next level?

Hogan-Lovells-Firm-Sign

In the small cadre of mega law firms that have used the Swiss verein corporate structure to span the globe, Hogan Lovells stands out. Call it the verein that doesn’t look like a verein.

The verein structure is notable for the flexibility it gives international law firms, allowing them to combine cross-border without fully merging financial systems, including profit-sharing. In the seven years since US firm Hogan & Hartson joined forces with the UK’s Lovells, the combined firm has taken a very different path from other verein firms such as Dentons and Norton Rose Fulbright, which were both formed at around the same time.

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