Multinational law firm Dentons has expanded its presence in Southeast Asia by opening an office in Yangon, it said in a May 31 statement.
It said Dentons Myanmar Ltd had acquired a team of seven lawyers and staff headed by resident partner Mr Mark Livingston, from Livingstons Legal in Yangon.
The new Myanmar office would work closely with Dentons Rodyk, one of Singapore’s oldest established commercial law firms, the statement said.
“The economic development and democratisation of Myanmar has opened up a wealth of both inbound and outbound opportunities for our clients from within Asia and around the world,” said Mr Joe Andrew, global chairman of Dentons, the world’s biggest law firm by number of lawyers.
“Myanmar is an important developing market in the heart of one of the words most exciting regions,” Andrew said.
“The provision of high quality, reliable legal services are crucial to the successful functioning of any emerging economy, and I am delighted that Dentons will now have a presence in Myanmar and can contribute to the continued economic development,” he said.
“At Dentons Myanmar, our team’s deep understanding of the country’s regulatory and business environment will be combined with the direct support, global reach and resources of the world’s largest and leading law firm,” said Livingston.
“Myanmar is a major opportunity for business growth in the next five years,” said Mr Philip Jeyaratnam, global vice chair of Dentons and regional chief executive of Dentons Rodyk.
The addition of the Yangon office gives Dentons more than 8,000 lawyers in more than 150 officers in more than 60 countries throughout the world, the statement said.
Before launching Livingstons Legal in Yangon, Livingston served as in-house counsel to Australian mining company OceanaGold and Singapore-based Archipelago Resources, Britain-based business law publication Legal Week reported on May 31.