Green light given for Straits Law, K&L Gates Singapore to combine offices
Tie-up will see Straits Law's full-service practice expanded to global level
Add BT as a preferred sourceSingapore
SINGAPORE law firm Straits Law Practice LLC and global practice K&L Gates LLP have received approval from the Singapore Legal Services Regulatory Authority to combine K&L Gates' Singapore office with Straits Law, the firms announced on Friday.
The move has been approved under a structure that allows a foreign firm to take up to one third of a local firm's equity and share up to one third of its profits, Straits Law managing director N Sreenivasan told The Business Times.
TRENDING NOW
Car dealers submit S$68 million for renewal of Automobile Megamart’s lease
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
Trump leaves Beijing with few wins but warm words for Xi
