Deals
Clifford Chance Merges With Two Law Firms to Open in Australia
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Clifford Chance LLP, the U.K.’s highest-grossing law firm with 1.19 billion pounds ($1.9 billion) of revenue last year, said it will merge with firms in Sydney and Perth as part of a plan to double receipts in Asia.
The mergers with Chang, Pistilli & Simmons, a merger and acquisition adviser in Sydney, and Cochrane Lishman Carson Luscombe in Perth are part of a plan to boost staffing in Tokyo, Beijing and Singapore and increase revenue in the region to 250 million pounds over the next four years, Peter Charlton, head of Clifford Chance’s Asian operations, said in a phone interview.