The 10-year marriage between Linklaters and Allen & Gledhill seems to be under threat after Allen & Overy revealed it had entered into “preliminary talks” with the Singaporean firm over a possible joint law venture (JLV).
“The strategic intent behind the talks is to establish whether a combination is possible which would enhance the market leading positions of both Allen & Overy and Allen & Gledhill in the Asia Pacific region and enhance Singapore’s position as a regional hub for high value legal services,” an official statement released by Allen & Overy said.
Allen & Gledhill’s JLV with Linklaters was formed shortly after the Singapore government introduced the scheme in 2000, well before QFLPs were allowed. Allen & Overy was previously in a JLV with local firm Shook Lin & Bok. ALB
Other related stories: