Slaughter and May‘s Australian best friend Allens Arthur Robinson (AAR) is to expand into the Singapore market after brokering a joint venture deal with local firm TSMP Law Corporation.
Announced last week (24 April), the joint entity will operate under the name Allens Arthur Robinson TSMP from 1 June. The combined office will boast around 50 lawyers who will focus predominately on corporate matters.
The announcement of the joint venture comes shortly after Slaughters, which has an existing relationship with AAR, revealed that it was extending its ‘best friends’ group of firms into Asia, having hosted a meeting between the firms in March.
AAR has an extensive South East Asia network, including offices in Bangkok, Beijing, Hong Kong, Jakarta, Phnom Penh, Port Moresby and Shanghai. It also opened offices in the Vietnamese cities of Hanoi and Ho Chi Minh City last year. The Australian firm also has four partners in its Singapore office. TSMP, meanwhile, has 15 directors, the equivalent to partners, in Singapore.
After a decade in the role, the combination will be managing partner Tom Poulton’s final legacy before he hands over the reins to litigation head Michael Rose on 1 July.
Earlier this year a trio of Norwegian firms opened in Singapore, while Berwin Leighton Paisner is preparing to launch in Asia with a Singapore base, giving the firm a regional hub as it seeks to extend its international network through South East Asia and India.