Thursday, November 1, 2007

Gilbert+Tobin and King & Wood

The Australian Financial Review newspaper today announced the news of a strategic alliance between leading top tier Australian firm Gilbert+Tobin and China's powerhouse firm of King & Wood. As we've previously discussed here this alliance further validates the importance of the APAC region, the potential for growth in the region's legal market, and the synergies between the major Australian firms and their close neighbours.

This alliance will no doubt rattle some peer firms both in Australia, and also across the waters in the UK and the US, as Gilbert+Tobin have clearly won the race for China with this move. This is the first alliance that King & Wood (China's largest law firm with over 600 partners and lawyers) have entered into after being seduced over the years by numerous global law firms who have been looking for more than just a satellite office in one of the world's most emerging economies.

The alliance creates a force of close to 1,000 lawyers across the region, and an open collaboration of two brands which are known across the globe for both their innovation, and superior quality in the provision of legal services.

No comments: