Clyde & Co is to open two new offices in Johannesburg and Cape Town.
The new South African operation will be led by Daniel Le Roux together with partners departing from Webber Wentzel’s Insurance and Legal Liability Practice Group.
These partners include Rashad Ismail and Warren Hiepner in Johannesburg, with Arthur James and Max Ebrahim in Cape Town.
The firm has said that it plans to hire a further 10 lawyers in Johannesburg and three lawyers in Cape Town for the launch. The offices will initially focus on all classes of insurance business and dispute resolution.
The South African insurance market is highly sophisticated, while still having considerable growth potential, according to the firm.