Legal Professional: 14 Clayton Utz partners move to Allen & Overy
Australian law firm Clayton Utz has, this morning, announced that 14 partners have resigned. They will join a newly established office of London-based giant Allen & Overy.
Most Recent - This Section
Legal Professional: Wilson Sonsini expand in ChinaWorld Money Laundering Report Volume 9 Number 3
The Legal Professional: Gibraltar law firm's rocky business
The Legal Professional: English Law Society's comments on money laundering due diligence
The Legal Professional: Fried Frank financial institutions team decamp to Dechert
Most Recent - Whole Site
Business crime: USA's SEC charges accounting staff with embezzlement of USD30 millionThe Risk Professional: new report shows bribery trends in Brazil
IT Security: Lo-Jack software helps laptop recovery
HR: Migrant workers becoming less welcome
Aviation: Malaysis will build new Low Cost facility after all
Most Recent - BizNewsSelect
The Society of Anti Money Laundering Professionals: launch of Accredited Training Course Provider schemeThe Society of Anti Money Laundering Professionals launches new membership class
Quick To Learn More expands and updates content units
Hong Kong's latest foreign currency reserve assets figures released
International reserves of BNM as at 31 December 2009
Most Recent - BankingInsuranceSecurities.Com
Securities: USA's SEC bans investment adviser after fraudBanking: RBS sheds approx 20,000 jobs in UK
Sanctions: OFAC Update 20100201
Sanctions: UK amendments to T(UNM)O 2000 list 20100901
Sanctions: Directions under T(UNM)O 2009 (UK) 20100901
Clayton Utz' Chief Executive Partner David Fagan said while he was disappointed at the departures, the firm was in great shape and would continue to deliver the exceptional service clients had come to expect.
"Partner movements such as this occur in the lifecycle of a firm. Clayton Utz is in excellent shape and continues to be one of the strongest performing firms in the market," he said.
Clayton Utz is a national Australian firm, one of a handful with such a spread. It concentrates on corporate matters. Headquartered in Sydney, the firm boasts an impressive client list.
Allen & Overy is huge: it has more than 5,000 people around the world. But although it has a long history in Asia Pacific, it has not had a formal presence in Australia. It recently announced that it would open an office in Sydney but gave little information as to its plans.