Clifford Chance (CC) last week became the latest firm to announce plans to enter the Australian legal market, with the magic circle firm quashing rumours of a largescale merger by instead tying up with two boutiques. The deal with Perth firm Cochrane Lishman Carson Luscombe and Sydney's Chang Pistilli & Simmons will give CC 14 partners in Australia when it goes live in May. The firms will be fully financially integrated, with equity partners in the Australian firms becoming equity partners in CC.
February 22, 2011 at 02:42 AM
1 minute read
The original version of this story was published on Legalweek
Magic circle firm rejects full-scale Australia launch in favour of M&A boutique strategy in Perth and Sydney
Clifford Chance (CC) last week became the latest firm to announce plans to enter the Australian legal market, with the magic circle firm quashing rumours of a largescale merger by instead tying up with two boutiques.
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