A report in The Lawyer yesterday reveals that..
Bird & Bird’s newly formed association with Singapore based firm Alban Tay Mahtani & de Silva (ATMD) has been established as a precursor to a full-blown merger according to the report.
They write:
The alliance, which is due to launch formally on 1 January, will see the firms share clients and resources with the aim of full financial integration once Singaporean regulations are relaxed.
Bird & Bird CEO David Kerr told The Lawyer: “We’re hoping that this will be a very close arrangement. As and when the regulatory environment allows, we’ll definitely be interested in a merger. But obviously at the moment the Singapore practice will be a separate practice.”
Full Report at http://www.thelawyer.com/cgi-bin/item.cgi?id=135998&d=415&h=417&f=416
