Lawrence Graham LLP (LG) is opening an office in Singapore by forming an alliance with local firm PK Wong and Associates LLC.
The new office marks consolidation of the firm's business in South East Asia where it has operated for 20 years, principally advising private capital and corporate clients. LG has a long established private capital practice in the region and specialises in family governance, taxation, trusts and estate planning.
PK Wong & Associates LLC is a well-respected full service corporate and commercial Singapore law corporation, with a focus on local and cross border mergers, acquisitions, and joint ventures. Its dispute resolution practice is actively engaged in civil and commercial litigation matters and has advised in significant insolvency and corporate restructuring matters in Singapore. The law corporation also advises and handles employment law matters, advising on family trusts and real estate work.
PK Wong & Associates LLC was formed on 1 March 2004 by Wong Peng Koon and Mark Wong, who were the founding partner and managing partner respectively of PK Wong & Advani. Prior to founding the firm of PK Wong & Advani in 1986, Wong Peng Koon was a senior partner of one of the then largest law firms in Singapore.
Hugh Maule, managing partner, LG, said: "Singapore is now a significant hub for global business. A number of our clients are investing in and expanding in Asia and have chosen Singapore as their base. We already have a strong client base across the region, particularly with our private clients, and an alliance was the next logical step. The new office will also complement our corporate services provided by our Dubai office and our work with clients in India. We are all very excited about our prospects in what is one of the fastest growing markets in the world."
Penny Francis, previously senior partner at LG, will be based in Singapore. Nick Jacob, a private capital partner, and Geoff Gouriet, a corporate partner, will continue to divide their time between Singapore and London. In addition to other London based partners and associates who visit regularly, LG will also be recruiting additional lawyers for the office.
The new office will enable LG to bolster its well established private capital services in the region as well as services for corporate and capital markets clients.
Nick Jacob said: "Singapore is an important centre for wealth management and we have a large number of longstanding private capital clients across South East Asia. This alliance with a local firm will enable us to provide local law advice and enhance our ability to look after clients and offer more services."
The new office is the firm's fourth overseas office following its most recent opening in Moscow in 2009. Work from overseas clients now accounts for over 40 per cent of LG's revenue. Last year turnover in Dubai increased by 26 per cent and in Moscow by 8 per cent.