As predicted last week - Clifford Chance announced today that they will open in Australia. Full press release from the firm here.
Far from the expected take over of a domestic giant, the firm has decided to today announced mergers with Australia's two leading boutique law firms, Chang, Pistilli & Simmons (CP&S) in Sydney and Cochrane Lishman Carson Luscombe (CLCL) in Perth. The firm says that "the mergers are among the first steps in the delivery of an ambitious growth strategy for Asia, with plans to double regional revenues for the Firm through investment in new offices, talent and practices".
This gives the firm an immediate 14 partner presence - much like A&O's initial presence (which now has them with more - filling four floors of office space after their initial start up needed just the one floor).
Watch for selected marquee partners from leading firms leaving to join up one at time.
Far from the expected take over of a domestic giant, the firm has decided to today announced mergers with Australia's two leading boutique law firms, Chang, Pistilli & Simmons (CP&S) in Sydney and Cochrane Lishman Carson Luscombe (CLCL) in Perth. The firm says that "the mergers are among the first steps in the delivery of an ambitious growth strategy for Asia, with plans to double regional revenues for the Firm through investment in new offices, talent and practices".
This gives the firm an immediate 14 partner presence - much like A&O's initial presence (which now has them with more - filling four floors of office space after their initial start up needed just the one floor).
Watch for selected marquee partners from leading firms leaving to join up one at time.
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