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November 4, 2011 2:19 PM

Allen & Overy in Tie-up Talks with Singapore's Allen & Gledhill

Posted by John Hazard

By Jessica Seah

British legal giant Allen & Overy is exploring a possible tie-up with leading Singapore law firm Allen & Gledhill, although Allen & Gledhill has been a joint venture partner of A&O Magic Circle rival Linklaters for the past ten years.

Allen & Overy confirmed to sibling publication The Asian Lawyer that the two firms were in discussions Friday. “The strategic intent behind the talks is to establish whether an alliance or 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,” Allen & Overy said in an e-mail statement.

The firm declined further comment. Allen & Gledhill also declined to comment, but chairman Lucien Wong told the Singapore Business Times: “We have been reviewing strategic options which we can adopt to enhance our market leading position in Singapore and Asia. There is no certainty that any of these options will lead to any form of an alliance involving our firm and any proposal would require the approval of the relevant regulatory authorities.”

Linklaters declined to comment.

For more on the implications of a potential tie-up between Allen & Overy and Allen & Gledhill, read the full story from The Asian Lawyer.

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