Allen & Overy has recently launched an Australian practice with the appointment of seventeen new partners to be based in Sydney and Perth. Not deterred by Australia’s already sophisticated legal market, the UK firm views the jurisdiction as a key market in the Asia Pacific region and believes there is space in its legal sector for a smaller high-end law firm that is integrated into a broad global network. A&O is looking to focus on core practices including energy, mining and natural resources, finance, infrastructure, investment funds, M&A, private equity, tax, and TMT, and will initially house fourteen partners in Sydney and three in Perth.

Of the move, senior partner David Morley has said, “Our decision to launch in Australia underlines the increasing importance of Australia in the global and Asia-Pacific economies. We see significant opportunities for high-end, cross-border M&A and finance work in the private and public sectors, particularly in the energy, mining and natural resources sectors. As Australia develops closer ties with its major trading partners, especially across the Asia-Pacific region, and as Australian banks and corporates continue to expand globally there is growing demand for legal advice that can seamlessly support that growth around the world. Our global network puts us in the perfect position to be able to do just that.”

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