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bpv Grigorescu merges with Ştefănică and eyes top ten position

Autor: Cristi Moga

14.03.2011, 23:20 40

bpv Grigorescu law firm, run by Cătălin Grigorescu,merged with the firm of lawyer Daniel Ştefănică with a view tocreating a new top 10 player on the business law market, with thisyear's revenue target pointing to around 3.5-4m euros.

Grigorescu, 35, andŞtefănică, 41, have known each other ever since 1994, when theywere in college, and planned to merge four or five years ago.Ştefănică at that time worked in a bigger firm, while things arequite the opposite now: Grigorescu has a team of 26-27 lawyers,while Ştefănică comes with part of the 7-8 people he works with,with the name of the firm set to be changed into bpv Grigorescu,Ştefănică.

"With a team of over 30lawyers, you can cover about any case. There will be some costsynergies and should things combine well, we hope to go towardrevenues of 3.5-4m euros," says Cătălin Grigorescu about the tie-upwith Ştefănică.

In the wake of the merger,the number of partners will rise from five to six, as DanielŞtefănică joins the partnership structure.

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