Posted on October 6, 2010 at 3:10 PM
Australian firm Allens Arthur Robinson signed a collaborative agreement with Japanese firm Nagashima Ohno & Tsunematsu (NO&T), affording each firm the opportunity to expand their presence in the global market.
By making this deal, Allens is seeking an opportunity to provide their Japanese clients "premium level support and assistance," said Tim Lester, Allens Japan practice had and corporate finance partner. Allens will second lawyers to the NO&T Tokyo office, and NO&T will do likewise to Allens offices. "We already have a lawyer in NO&T offices in Japan, and expect to have some of their lawyers in our Jakarta office and Vietnam or Thailand offices by the end of the year or early 2011," Lester told ALB. Compared to Allens' 'best friend agreement' with UK firm Slaughter & May, this deal with NO&T is much more cohesive and structures, Lester said.
"For both us, this alliance creates opportunities. NO&T would not have been capturing work flows in some cases, because they did not have capacity outside of Japan in Australia and South East Asia, which we can offer them," Lester said.
The only Australian firm that has an official office in Japan, however, is Blake Dawson, which opened in April.
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