Charles Russell Speechlys has established a new office in Milan, Italy.
Nicola Saccardo, partner in the private client team in London, will stay on to lead the firm’s Italian office, with overarching responsibilities as Head of the Italian office. Cristiana Felisi, former Of Counsel at Maisto e Associati, will join as a partner and head of the Milan Office. Meanwhile, Giovanni Angelini will also join as Counsel from Maisto e Associati.
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Saccardo specialises in Italian tax law, with a particular emphasis on trust, estate, and ultra-high net worth individuals (UHNWI) taxation; UHNWI relocation; international and EU tax law; and estate planning. Felisi and Angelini are non-tax private client lawyers who specialise in succession planning, family law, private wealth conflicts, and residential property transfers.
Simon Ridpath, managing partner at Charles Russell Speechlys, stated: “The opening of a new office in Italy is a significant milestone in our Firm’s commitment to expanding our international reach and enhancing our services to our clients in key markets. This new office is led by a talented team of experienced lawyers who bring a wealth of expertise in private capital and expert local knowledge. The decision to open an office to provide Italian civil law capability reflects our strategic focus and dedication to serving our clients in the private capital space more effectively and in locations in which they need our support.”
Nicola Saccardo, partner and head of the Italian Practice added: “Italy is a vitally important location for us due to the significant relocation of foreign UHNWIs to Italy and the presence of wealthy Italian families with an international dimension. There are many opportunities presented in the market that tightly align with our core private capital focus and international reach. We are incredibly well placed to assist successful families, family offices and family businesses on Italian and foreign law.
“Our Italian practice has grown substantially in a very short space of time, and this move is the logical next step in order for us to best serve the needs of a fast-growing client base.”
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