Webber Wentzel has formed a collaborative alliance with global legal heavyweight firm Linklaters‚ it said on Monday (3 December).
A rumour has been circling for months in legal circles that Linklaters wanted to further entrench its African platform and a tie-up with a local firm was widely expected.
Law firms are in a competitive race to get lucrative and growing merger and acquisition work in Africa. A number of mergers‚ equity partnerships‚ head-hunting of corporate teams and preferred-partner alliances have taken place this year‚ with SA increasingly seen as a springboard by law firms into the continent.
Linklaters' Africa practice is currently working on over 200 matters relating to Africa.
The aim of the alliance with Linklaters‚ which will be launched on February next year‚ is to provide clients with "an advantage in Africa through the firms' combined experience and international resources".
"The alliance is consistent with our strategy of helping clients wherever they do business in Africa. It is also vote of confidence in SA and Africa and a strong endorsement for the reputation Webber Wentzel has built over the years‚" said Webber Wentzel senior partner David Lancaster.
Linklaters has 4‚500 employees working in 28 offices around the globe.
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za