Global firm Clyde & Co has signed as an anchor tenant at 333 George Street in Sydney’s central business hub.
The London-headquartered firm has signed the agreement with Charter Hall's Prime Office Fund for the long-term lease of over 4,185 square metres, according to a report from
The Sydney Morning Herald.
The firm’s space will be across levels nine to 12 in the premium development which is nearing practical completion, the report added. Clyde & Co will also house its client reception on level 15 which features an outdoor terrace.
Clyde & Co opened its first Australian offices in Sydney and Perth in October 2012 after recruiting a specialist insurance team from
Allens.
In September 2013, the firm’s Melbourne office was opened after the lateral hire of a infrastructure, transportation and international trade expertise specialist team comprise of lawyers from King & Wood Mallesons, Norton Rose and
HWL Ebsworth.
In October 2014, the firm opened its Brisbane office with the lateral hire of three insurance and commercial litigation specialist partners from
Sparke Helmore. This February, five partners and 25 lawyers from Australian insurance boutique law firm Lee & Lyons joined Clyde & Co’s Sydney office.
The firm’s Australian operation includes 23 partners and more than 120 legal staff in the four cities they operate out of. According to the firm in September, the Sydney office has more than doubled in head count since January 2016
“This move will allow our Sydney team to improve the flow of information and collaboration across our growing practices,” Australia managing partner John Edmond said of the transfer to 333 George Street.
“The move will also further cement our brand in the Sydney legal marketplace and is evidence of our ambitions in Australia more generally following our recent move into new premises in Melbourne, at 140 William Street, which were officially launched on 1 June,” he added.
Clyde & Co expects to operate from its new office in Sydney by January 2017.
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