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Thursday, November 26 - 2009

Clifford Chance opens an office in Abu Dhabi

  • United Arab Emirates: Tuesday, July 29 - 2008 at 15:27
  • PRESS RELEASE

Clifford Chance announced that it is to open its new office in Abu Dhabi on 03 August 2008.

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Regulatory approval for the proposal, first announced in January this year, was received last month and the new office will add significant further capability to the firm's long-established and highly successful operation in the Middle East.

Graham Lovett, Managing Partner for the Gulf region, will be responsible for the office with banking and finance partner Richard Ernest leading an initial team of ten lawyers on the ground in Abu Dhabi. Richard joined the firm 11 years ago and has worked in the firm's London, Moscow and Frankfurt offices. Peter Deegan, a partner in Real Estate currently based in the firm's Warsaw office, will relocate to Abu Dhabi and Capital Markets partner Chris Walsh will be seconded from London to the office.

The office will focus on finance, capital markets, projects, corporate, real estate and litigation. It is expected that the Abu Dhabi office will grow to 20 - 30 lawyers in the next 2 - 3 years as a reflection of growing demand from clients for high quality legal expertise in the nation's capital.

Clifford Chance has had a presence in the United Arab Emirates for 33 years and is one of the longest established international law firms in the country. Since 2004 the number of lawyers in the firm's Dubai office has grown from 26 to 70.

Clifford Chance Gulf managing partner Graham Lovett said:
"The new office in Abu Dhabi represents a great opportunity for the firm in one of the fastest growing and most dynamic countries in the region. The pace of development and change there has created a new legal landscape and we need to have a presence on the ground to develop and strengthen our key client relationships. We intend to build on our long-term success in Dubai, both through this expansion and our strengthening relationship with Al-Jadaan & Partners in Riyadh, to consolidate our position as the leading international law firm in the region."
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Notes and media contacts

1. Clifford Chance celebrated its 30th anniversary in the United Arab Emirates in 2005, having opened its first office in Dubai in 1975.
2. Clifford Chance was named 'Middle East Law Firm of the Year' in the 2007 IFLR Middle East awards. The Dubai office has grown significantly over the past four years, from a two partner, 26 lawyer office in 2004 to a nine partner, 61 lawyer office today.
3. Al Jadaan & Partners Law Firm was founded in 1996 and specializes in providing legal advice on a wide range of practice areas including privatisations, finance including Islamic Finance, commercial and corporate matters and litigation. Al Jadaan & Partners is one of the largest law firms in Saudi Arabia with five partners and 16 associates.
4. In April this year the ten-year association between Clifford Chance and Riyadh's leading legal practice Al-Jadaan & Partners was consolidated with an enhancement of the existing co-operation agreement. The two firms have worked together on large-scale energy, infrastructure and project finance projects, and on regulatory, general banking, capital markets, corporate and litigation matters. At the same time Clifford Chance banking and projects partner Mohamed Hamra-Krouha relocated from the Dubai office to Riyadh in order to support the increasing volume of client work in the region.
5. Clifford Chance is one of the world's leading law firms, helping clients achieve their goals by combining the highest global standards with local expertise. The firm has unrivalled scale and depth of legal resources across the key markets of the Americas, Asia, Middle East and Europe and focuses on the core areas of commercial activity: capital markets; corporate and M&A; finance and banking; real estate; tax; pensions and employment; litigation and dispute resolution. Clifford Chance has 29 offices in 21 countries and 3,800 legal advisers.
6. Clifford Chance achieved the highest number of top tier rankings of any firm in the Chambers Global 2008 Directory, cited in 20 international tables. This independent analysis focuses on firms' legal ability, professional conduct, client service, and commercial awareness, and these rankings provide outstanding recognition for the firm's breadth of expertise and consistency of quality across global markets.

For further information, please contact:
Sarah Mandeno
London PR Manager
Tel: +44 20 7006 4112

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