Clyde & Co in talks to launch in Canada through local tie-up
Clyde & Co is in discussions to open in Canada through a tie-up with a local firm, with the UK firm bringing in one of the former senior partners of Canada's Stikeman Elliott to help with its plans. Clydes has appointed Clyde & Co is in discussions to open in Canada through a tie-up with a local firm, with the UK firm bringing in a former senior partner of Canada's Stikeman Elliott to help with its plans.Clydes has appointed Senator David Angus QC, currently chairman of the Senate Energy Committee and formerly senior partner at Stikeman, to help with its bid to establish a presence in Canada.
March 07, 2011 at 05:32 AM
2 minute read
Clyde & Co is in discussions to open in Canada through a tie-up with a local firm, with the UK firm bringing in a former senior partner of Canada's Stikeman Elliott to help with its plans.
Clydes has appointed Senator David Angus QC, currently chairman of the Senate Energy Committee and formerly senior partner at Stikeman, to help with its bid to establish a presence in Canada.
News of the appointment comes as Clydes holds ongoing talks with local insurance boutique Nicholl Paskell-Mede that could lead to some kind of tie-up in Canada.
If it goes ahead with a deal with Nicholl Paskell-Mede, Clydes would have access to around 40 lawyers operating from Montreal and Toronto. The boutique was founded in1992 to focus on insurance work as well as professional and civil liability defense work.
The planned Canadian launch comes after Clydes made its US debut in 2006 through the hire of a team of lawyers from US firm Condon & Forsyth. The firm then launched in New Jersey in February last year through the hire of two partners and a team of associates from local outfit Connell Foley.
Clydes would not comment on discussions with Nicholl Paskell-Mede but said in a statement: "In respect of Canada, we have engaged Senator David Angus QC as a consultant to Clyde & Co. He had been one of the senior partners and founders of the leading Canadian law firm Stikeman Elliott. He is chairman of the Senate Energy Committee. As a long time adviser to the London insurance market, he is someone who we have worked with closely on a professional basis for many years. With David's input, we are looking closely at establishing a presence in Canada."
Increasing numbers of firms are looking at Canada, with news of Clydes' merger talks coming as DLA Piper also explores opportunities in the country. The firm previously held talks with Canadian heavyweight Fasken Martineau about a potential tie-up in 2008. Norton Rose announced in November last year that it will enter the Canadian market in June 2011 via a tie-up with local law firm Ogilvy Renault.
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