Ashurst has launched a formal alliance with law firm ADTLaw following approval from the Legal Services Regulatory Authority of Singapore.
The firm will now operate under the name Ashurst ADTLaw, advising on complex arbitration and civil litigation, corporate and M&A transactions, and banking and finance, including derivatives and structured products.
Founding director and commercial lawyer Dawn Tan set up the nine lawyer firm in 2013 and is Singapore, England and Wales and New York qualified. She has previously worked as a lawyer at Singaporean firm Rajah & Tann, at the Supreme Court of Singapore and the Ministry of Trade and Industry. Ashurst Singapore was launched in 1996 and comprises of over 40 lawyers, including ten partners.
Ashurst managing partner Paul Jenkins said: ‘This is an exciting development and demonstrates our commitment to continuing our growth in Singapore. Singapore is a key regional and international hub for legal services and it is of strategic importance to Ashurst.
‘Entering into this alliance demonstrates our continuing commitment to and investment in Singapore and is an important step in broadening our existing client offering and driving forward our success in the market.’
Last year Ashurst lost its former Singapore head, private equity specialist Shaun Lascelles, to Vinson & Elkins. The firm also lost his predecessor, corporate partner Keith McGuire from the office following his decision to join PwC Legal.
Earlier this week Osborne Clarke (OC) announced it had formed its own association, opening in Shanghai under the name Zhang Yu & Partners. The firm brought on two partners and six other lawyers.
The office will initially focus on opportunities for clients in the digital business and consumer products sectors and will offer cross-border advisory services for OC’s sector clients with requirements in mainland China.