Eversheds Sutherland’s Singapore merger given go-ahead just weeks after transatlantic tie-up

International giant’s rapid growth continues

sing

Eversheds Sutherland’s proposed merger with Singapore’s Harry Elias Partnership has been given the green light by the country’s Ministry of Law.

Just weeks after its transatlantic tie-up with US law firm Sutherland Asbill & Brennan went live, the newly-formed Eversheds Sutherland is a step closer to striking yet another deal.

Under Singaporean law, foreign outfits which do not have a Qualifying Foreign Law Practice licence cannot undertake work involving domestic laws. In order to do so, big international firms must form alliances or deals with firms based within the country. Eversheds Sutherland already has a small Singapore outpost.

The proposed merger, which has apparently been in the pipeline for some time, initially found itself ensnared in red tape after Eversheds changed its name post US merger. However, several weeks on, the Singapore Ministry of Law has now said the combination can go ahead.

Founded in 1988, Harry Elias Partnership — which has 56 fee earners and 20 partners — is a full service law firm, covering everything from aviation to sports and media law. With offices in Singapore and Brunei, the outfit has worked on a number of high-profile projects including the iconic Marina Bay Sands resort (pictured) and Singapore F1’s pit building.

Hotel

While it’s still not clear when the merger will go live, it has been reported in Legal Week (£) that Eversheds Sutherland — the much larger of the two firms — will acquire 33% of the newly-formed outfit’s equity.

It’s been a busy few months for Eversheds Sutherland. Having confirmed US merger rumours last December, the firm’s combination with Sutherland Asbill & Brennan finally went live on 1 February. Boasting revenues in excess of £600 million, the new legal powerhouse has 2,300 lawyers across 61 offices in 29 countries.

But perhaps more importantly the deal resulted in loads of new law firm merch.

Lets hope the Singapore merger doesn’t result in a further name change.

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7 Comments

Anonymous

Quality puff piece there Tommy. An unremarkable ‘merger’ and LC’s ready to sing praises about all dat ‘rapid growth’.

How much did the Shed pay for this one? 😂

(8)(4)
Adam Deen

Shut up, mergers involving top magic circle firms like this are really important! If I get a TC there I would love to do a seat in that office!

(3)(4)
Second Six Star called Bob

I hear DWF are seething at not being the most recent merger mill.

(3)(0)
Insider info

DWF is currently in advanced talks with Irwin Mitchell to create a truly revolutionary top Northern Titan firm with a foremost position in the City, beating the MC and SC at their own game!

Andrew Leatherland will be the top CEO & Commander in Chief, steering the ship through the City’s stormy waters!

You heard it here first folks!

(5)(2)
DWF Trainee/Slave

The partners are thinking about letting us use some of our lunch break for eating.

(5)(0)

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