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Headline

Norton Rose-Deacons merger: UK firm pinpoints Asia without diluting profit

Comment

The fact that Deacons instigated this is very interesting. I think it's fair to say Norton Rose see this as a punt - if it doesn't seriously help them in Asia there's not much cost to them. Obviously, they did want the other one, but I imagine they would have driven a much harder deal. I suppose they might try to gradually poach Deacons HK now but if they couldn't before I don't see how a Canberra office will help. Is it possible this isn't just about Asia at all, but also Norton Rose's approach to outsourcing? This won't offer the savings of sending work to India but it also doesn't carry the quality control risks.

Posted date

29-Jun-2009

Posted time

11:38 am

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