The legal market is becoming truly global, with the economic influence in the world moving eastwards. I believe Norton Rose needed a significant increase in our Asia-Pacific resources in order to develop our business – but we concluded it would be difficult for any firm to establish a leading Asia-Pacific position without the weight provided by the inclusion of one of the large Australian firms.
While, from time to time, we receive approaches from various firms across the world, the approach we received from Deacons Australia, a major Australian law firm with more than 500 lawyers, was both compelling and timely. It fit well with our strategic aims, namely to increase the weight and size of the firm in the Asia-Pacific region and to increase the size and footprint of our global practice to better serve our clients.
