Lovells Lee & Lee aims to establish a market leading position in Singapore, building on the strength of the existing reputations of the joint venture partners. It will focus on multi national corporate and financial clients who see Asia as a single market and expect their advisers to structure and manage transactions on a pan-Asian basis. Lovells Lee & Lee is able to manage all legal aspects of transactions which require either international or local law input, or a mixture of both. The joint venture brings together a team, initially comprising 17 partners and 32 other lawyers based in Singapore, covering the key practice areas of corporate and commercial law, banking, project finance, intellectual property and information technology, as well as business reconstruction, debt rescheduling and insolvency. The joint venture will also have full access to Lovells' international network of over 1,200 lawyers in 26 offices in Europe, Asia and the US, its legal know-how and training infrastructure, its IT systems and its management expertise. The structure adopted for the joint venture is that of a limited company with six directors each from Lovells and Lee & Lee. An executive committee has responsibility for day to day management.
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