Hogan Lovells will abandon its London Home flagship in 2026
Hogan Lovells has chosen to leave its current main base in London for new premises linked to one of its smaller offices.
The company is reducing its overall space as a result of the move, following decisions by several other international companies to reduce space in London in recent years.
The company chose to move from its current main office in Atlantic House to expanded premises on Holborn Viaduct after considering “options throughout the City of London”, it said in a statement on Friday.
A statement from the firm added that to remain at Atlantic House, “considerable work would be required on the building. The disruption and costs involved make it preferable for us to move to a new bespoke building at another site.
Its current office at 21 Holborn Viaduct, which occupies approximately 65,000 square feet and houses support and business services staff, will be demolished along with its adjacent buildings, including Meridian House, which the company vacated in 2019.
The newly built premises will be spread over the same site. It will comprise 266,000 square feet and construction on the project will begin this summer, according to a company statement.
Penny Angell, Managing Partner of Hogan Lovells UK, said in a statement: “Our London office is of considerable strategic importance to the business and our clients. Having occupied the Atlantic House building since 2001, we are excited about the opportunity to redefine how our space can better support our business and create something bespoke, while staying true to our values, heritage and more. 40 years of history at Holborn Viaduct.
The company is expected to complete the move to the new premises in the last quarter of 2026, the statement added.
The new space is 15% smaller than its current London premises. Hogan Lovells has reduced its London office footprint in recent years. In 2001, he occupied 360,000 square feet of Atlantic House, which was reduced to 320,000 square feet.
The company said its latest size reduction was not due to a planned downsizing.
“We have seen a market trend over the past decade of shrinking office space as we, competitors and customers, adopt open plans and agile ways of working. The COVID-19 pandemic has accelerated this, and we expect many of our employees to adopt a hybrid model, combining the best of remote working and in-office contact,” a company statement said Friday.
Many companies, including Travers Smith, Allen & Overy and Skadden Arps Slate Meagher & Flom, have all chosen to reduce recently, while others have chosen to develop their office offerings.