08 Feb 2010

Clayton Utz announces partner resignations

Sydney, 8 February 2010: Clayton Utz confirms that fourteen partners have today tendered their resignations and will join UK firm Allen & Overy, which has announced plans to enter the Australian market.

Clayton Utz' Chief Executive Partner David Fagan said while he was disappointed at the departures, the firm was in great shape and would continue to deliver the exceptional service clients had come to expect.

"Partner movements such as this occur in the lifecycle of a firm. Clayton Utz is in excellent shape and continues to be one of the strongest performing firms in the market," said Mr Fagan.

Mr Fagan said the Australian legal market remained one of the most competitive in the world and Clayton Utz was committed to continuing to build on the strong market position it had established over the last few years.

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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.