British legal giant Allen & Overy is exploring a possible tie-up with leading Singapore law firm Allen & Gledhill, although Allen & Gledhill has been a joint venture partner of A&O Magic Circle rival Linklaters for the past 10 years.
Allen & Overy confirmed that the two firms were in discussions Friday. “The strategic intent behind the talks is to establish whether an alliance or combination is possible which would enhance the market leading positions of both Allen & Overy and Allen & Gledhill in the Asia Pacific region and enhance Singapore’s position as a regional hub for high value legal services,” Allen & Overy said in an e-mail statement.
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