LONDON firm Lawrence Graham has formed an association with two-year-old Hong Kong practice Koo and Partners.
The deal, which gives the firm its first presence on the Asian market, has been struck to raise the international profile of both practices.
Lawrence Graham senior partner Gavin Purser said it was expected both businesses would develop through the combination of practices in various jurisdictions.
The London firm already works in the US through an association in New York, and it was a founder member of Associated Business Lawyers in Europe (ABLE), which links practices in Antwerp, Brussels, Hamburg, Paris, Stockholm and London. The seven-partner Hong Kong firm has a sizeable contact network throughout south-east Asia.
“Koo and Partners' strengths match our own and we foresee a wealth of new business prospects in China, the new tiger economies of south-east Asia and the Pacific Rim in general,” said Purser.
“Infrastructure provision, and the projects associated with it, is a major component of the opportunity.”
Koo and Partners senior partner Donald Koo said the two firms complemented each other because both operated strong banking, corporate finance and international trade practices. Opportunities would also arise in areas such as insurance, shipping and commercial law.