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Continuing our emerging markets push with Indonesia launch

1 July 2010

Allen & Overy today announces the launch of an exclusive association agreement with Daniel Ginting Law Firm (DGLF), a new Indonesian law firm based in Jakarta.

DGLF is headed by founding partner Daniel Ginting, one of Indonesia's most respected finance lawyers. With over 15 years experience as a banking and finance specialist, both locally and internationally, Daniel also has substantial expertise in Indonesian energy and infrastructure projects.

Allen & Overy's association with DGLF will provide clients with integrated international and Indonesian law services, combining Allen & Overy's international practice with first class Indonesian legal advice across the banking and finance, international capital markets and corporate (including M&A) practice areas.

Commenting on the association, Tom Brown, Managing Partner for Asia-Pacific at Allen & Overy, said: "Indonesia is now one of the most important emerging markets in Asia. Increased interest from clients has led to steady and sustained growth in the amount of Indonesia-related work we do. We are confident that the combination of Allen & Overy's very well established Indonesia practice with Daniel Ginting's market leading reputation and experience will provide a compelling choice for clients who require high quality advice and execution across all aspects of their Indonesian transactions."

Wim Dejonghe, Managing Partner at Allen & Overy continues: "Indonesia is one of the few countries whose GDP has continued to grow despite the financial crisis and global recession. The association with DGLF is a natural extension of our footprint in the Asia-Pacific, already an important and successful region for Allen & Overy."

The new association agreement in Indonesia follows closely the firm's recent office launches in Australia and Qatar, and underlines Allen & Overy's strategy of continuing to invest in key markets around the world.

About Allen & Overy:

  • Allen & Overy today announced its annual results for the financial year end 30 April 2010 – its 80th anniversary year – with profit per equity partner up 10% to GBP1.1m, profit before tax stable at GBP429m, and turnover stable at GBP1.05bn (see separate release for full details).
  • In the Asia-pacific region, following the opening of our operation in Australia, we now have over 350 fee earners in eight offices across the region.
  • Winner of the IFLR Asia awards 2010 for Structured Finance & Securitisation Team of the Year and Pro Bono Team of the Year, as well as Structured Finance and Securitisation Deal of the Year.

Further information

Find out more about Daniel Ginting Law Firm including contact information.

For further information, please contact Sharon Fung sharon.fung@allenovery.com in Hong Kong on +852 2974 7091, or Derek Gilmour derek.gilmour@allenovery.com in London on +44 (0)20 30882116.

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