Hogan Lovells Launches Australian Presence with Addition of Partners Nicky Lester and Tim Lester
31 March 2015
SYDNEY/PERTH, 31 March 2015 – Leading global law firm Hogan Lovells has announced that Nicky Lester and Tim Lester will be joining the firm from July 2015 to co-lead the firm’s launch of an Australian presence. Nicky Lester will spearhead the banking and finance practice. Tim Lester will spearhead a corporate finance practice for the firm, with a particularly strong focus on the energy, natural resources and infrastructure sectors. Australian operations will be run from both Perth and Sydney.
Nicky and Tim Lester will be joining Hogan Lovells from Allens where Nicky has been the firmwide practice group leader for banking and finance. Tim Lester is a partner in the corporate finance practice. He jointly led that practice in Perth and has, to date, been Allens' Japan sector lead. He has broad corporate and financing experience, specializing in large transactions and projects (both M&A and private equity), predominantly in the energy and natural resources sectors and is fluent in Japanese. Tim Lester is a former Hogan Lovells partner – he was previously office managing partner of the firm's Tokyo office.
Nicky and Tim Lester are widely recognized for their high quality, international outlook and ambition. They have led some of the largest and most complex transactions completed in Australia and regionally over recent years.
The recruitment of the team and launch of an Australian presence adds a key element to the global reach of Hogan Lovells. In particular, it deepens and strengthens the firm's connectivity with Asia and demonstrates the firm's continued commitment and investment in the energy, natural resources and infrastructure sectors as well as to the firm's regional financing capabilities. It will also lead to market opportunities from Australian entities extending their operations into emerging markets such as Africa and allow the firm to leverage opportunities from cross-border trade flows to and from Australia from South East Asia, Japan and China.
The Australian offices will draw on Hogan Lovells' particular strength in highly regulated and complex industries. Hogan Lovells has a significant presence in the United States, including deep roots in Washington D.C. with regulators and government bodies.
The team has clear plans to grow and build a strong Australian base that will complement the firm's global and regional strengths. It will attract the best people in the market.
Steve Immelt, CEO of Hogan Lovells, said:
“There is a significant alignment between our client interests in Australia, the United States, Africa and South East Asia. This move enables us to draw on the full resources of our global offering, especially in highly regulated industries such as energy and mining. We have long recognized the strategic importance of having an Australian capability in order to successfully develop our Asia practice but the opportunity had to be the right one.
"Hiring this team allows us to focus precisely on practice areas that matter to our clients, being led by two partners at the top of their game, without acquiring a disproportionately large presence. Nicky and Tim's personal and practice objectives are completely aligned with those of Hogan Lovells.
"Asia is predicted to continue to grow at two or three times the pace of the developed world over the next few years and we are now in an even stronger position to be a part of that exciting growth. Since January 2014 we have made 13 lateral partner hires in Asia, including five in Singapore. This demonstrates the importance of the region to Hogan Lovells and our commitment to continuing to build a market leading Asia practice."
Patrick Sherrington, Regional Managing Partner for Asia & the Middle East, said:
“Growing our Asia practice is a central part of Hogan Lovells' core strategy. Our high quality banking and finance team and our commitment to key growth sectors, such as infrastructure, energy and natural resources is central to that. It is an exciting time for Nicky and Tim to be joining the firm and to be part of that clear vision."