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Growth in Asia Pacific an Ally Law goal

Hong Kong, 13 November 2019: Ally Law is looking for new member firms in Laos and Cambodia, among other jurisdictions, as the global legal services organisation seeks to further cement its presence in Asia Pacific.

The group has welcomed five new firms in the region since the beginning of 2018 and Expansion Committee Chairman Colin Cohen is bullish about further arrivals. "Growth in Asia Pacific has been a priority in recent years and I’m delighted to say that Ally Law’s increasing strength and visibility is making this process easier,” said Colin, Senior Partner in Boase Cohen & Collins, Ally Law’s sole member in Hong Kong.

“We have the major jurisdictions covered in Asia Pacific and are now looking at emerging markets where demand for legal services is reflected in strong economic growth, so Laos and Cambodia are obvious candidates. Laos' growth has been amongst the fastest in Asia, averaging more than 7% per year for most of the last decade, while Cambodia’s GDP has grown at an average annual rate of 7% since 2011.”

Colin pointed to the record attendance at last month’s Asia Pacific Regional Meeting in Hong Kong as proof of Ally Law’s burgeoning presence. “We hosted delegates from almost 90% of member firms in the region while Ally Law firms from Europe and the Middle East were also represented. We also had a strong turnout of clients and guests,” he said.

Looking further afield, Colin added: “We are seeking a new firm in Russia while Africa is another area of focus, particularly South Africa and Egypt. We are also delighted to have two more South American firms, in Argentina and Uruguay, after welcoming a new member for Brazil last year.”

The Argentinian firm is Buenos Aires-based Richards, Cardinal, Tützer, Zabala, Zaefferer, a full service law firm with more than 50 legal professionals. Meanwhile, Lapique & Santeugini Abogados, based in the Uruguayan capital of Montevideo, is a medium-sized firm with a focus on business law.

Ally Law has also strengthened its presence in the United States with the addition of Fabian VanCott, a firm of 75 lawyers with offices in Salt Lake City and Las Vegas. “We have added eight new firms worldwide this year and will continue to source new members who can adhere to our high standards of service and accountability,” said Colin.

Ally Law was again ranked a Band One Leading Law Firm Network in Chambers and Partners’ 2019 Global Guide. The network also garnered top ratings in Chambers’ 2019 Latin America and Asia Pacific guides.

Björn Welinder, the Ally Law President who travelled from his native Sweden to attend the Regional Meeting in Hong Kong, commented: “We’re proud that Ally Law continues to be ranked in the top .05% of all legal networks. With more than 400 similar organisations around the world, there is intense competition for members. Our market position assures we get and keep top echelon firms.”

Now comprising some 70 independent law firms in around 50 jurisdictions, Ally Law utilises close co-operation between members to help clients overcome their international legal and business challenges.

AllyNewNov PHOTO

Colin Cohen presents his Expansion Committee report at the recent Asia Pacific Regional Meeting.