MEDIA RELEASE PR35122
Deacons Australia to Join Norton Rose Group
LONDON, June 23 /PRNewswire-AsiaNet/ --
- Creating one of the Best Resourced Legal Practices in Asia Pacific
International legal practice Norton Rose Group today announced that
Deacons Australia will join Norton Rose Group. The decision follows the
completion of successful votes by the respective partnerships on 22 June
2009. The new international legal practice will be called Norton Rose Group
and will take effect from 1 January 2010.
The new Norton Rose Group will have a turnover of more than GBP420m
(AUD864m) and in excess of 1800 fee earners in 29 offices worldwide. In the
Asia Pacific region, it will bring together more than 700 fee earners
operating from 12 offices in Bangkok, Beijing, Brisbane, Canberra, Hong Kong,
Jakarta, Melbourne, Perth, Shanghai, Singapore, Sydney and Tokyo.
From 1 January 2010, Norton Rose Group will be led by Group Chief
Executive Peter Martyr, the current Norton Rose LLP Chief Executive, and
Deputy Group Chief Executive Don Boyd, the current Deacons Australia Chief
Executive Partner. Norton Rose LLP Chairman, Stephen Parish, will be the
Chairman of Norton Rose Group.
Norton Rose Group will be a significant global player in legal services
bringing together the heritage, strength, scale, and capabilities of two
highly successful firms. The Group will have a common global ambition,
quality of service to clients, values, systems and procedures.
Peter Martyr, Chief Executive Officer, Norton Rose LLP commented:
"We share the same global ambitions to develop our business and improve
the depth and breadth of service to our clients. This move will enhance our
international reach and in particular create one of the best resourced legal
practices in the Asia Pacific region."
"The economic influence in the world is moving eastwards and in order to
develop our business we understood we needed a significant increase in our
resources in Asia Pacific. The increased capability of the group throughout
Asia Pacific will lay the foundations for further regional development and
expansion."
Don Boyd, Chief Executive Partner, Deacons Australia commented:
"As soon as the initial discussions were underway it became clear that
there was a common global ambition, particularly in the predicted growth
markets of the future, namely Asia Pacific. We have shared aspirations
regarding strategic growth, both in practice area terms and geographic
expansion. The business case is compelling and the synergy of working
together is convincing."
Deacons Australia will join Norton Rose Group after its arrangements with
Deacons Hong Kong come to an end later in the year.
Notes for editors:
Norton Rose Group is a leading international legal practice. We offer a
full business law service from our offices across Europe, the Middle East and
Asia.
Knowing how our clients' businesses work and understanding what drives
their industries is fundamental to us. Our lawyers share industry knowledge
and sector expertise across borders, enabling us to support our clients
anywhere in the world. We are strong in corporate finance, financial
institutions, energy and infrastructure, transport, and technology.
Norton Rose Group comprises Norton Rose LLP and its affiliates. We have
over 1000 lawyers operating from offices in Abu Dhabi, Amsterdam, Athens,
Bahrain, Bangkok, Beijing, Brussels, Dubai, Frankfurt, Hong Kong, Jakarta*, London, Milan, Moscow, Munich,
Paris, Piraeus, Prague, Riyadh*, Rome,
Shanghai, Singapore, Tokyo and Warsaw.
* associate office
Deacons
Deacons is a leading Australian legal practice. It has been one of the
fastest growing large law firms in that country since 2000 and is now eighth
largest by revenue and partner numbers. The firm prides itself in offering an
intelligent alternative to other large law firms and in the three years to
2008 it achieved cumulative revenue growth of 20 per cent. It brings over 500
fee earners with offices in Sydney, Melbourne, Perth, Canberra and Brisbane
and teams in Singapore and Jakarta.
SOURCE: Norton Rose Group
CONTACT: Sean Twomey,
Head of Public Relations and Campaigns,
Norton Rose LLP,
+44(0)20-7444-3740,
sean.twomey@nortonrose.com,
+44-(0)7921-604892
Paul McKeon,
Communications Manager,
Deacons Australia,
+61-(0)2-9330-8650,
paul.mckeon@deacons.com.au,
+61-(0)414-596-266
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