Hill Dickinson acquires new Monaco office to service superyacht client base

International law firm, Hill Dickinson LLP, has announced it is to open an office in Monte Carlo, Hill Dickinson Monaco SAM.

The new office, which is located at Palais Saint James on Avenue Princesse Alice, is scheduled to open for business in March 2013. It will primarily service the firm’s yacht team clients, many of whom are based in, or have close connections with, Monaco, but it will also be developing its shipping business in the region.

David Reardon has been appointed as resident partner and he will be supported by a team of three, with additional recruitment anticipated in the first six months.

On the new office, Peter Jackson, managing partner, Hill Dickinson, commented: “Our yacht team is widely regarded as the leader in the marine and superyacht market and, as so much of its work is derived from the Principality, it makes sense for it to establish a base there to provide an even better service to its clients and to enhance the firm’s profile in this very important area of our business.”

Hill Dickinson’s yacht team represents all sectors of the industry. As well as acting for key parties in the yacht insurance market, members of the team also routinely advise owners, managers, brokers, designers and builders in relation to sale and purchase issues, build contracts and financing for some of the world’s biggest yachts.

The new Monaco office will join Hill Dickinson offices in Liverpool, Manchester, London, Chester, Sheffield, Piraeus and Singapore.