Clydes Targets Mongolian Market With Alliance Agreement: "Clyde & Co has become the latest firm to enter the Mongolian legal market, establishing an association with local law firm Khan Lex Advocates.
Clydes has tied up with Ulaanbaatar-based firm Khan Lex, which launched last year and has two partners and one associate.
The firm has links to the private sector and the Mongolian Government legal service, having advised on the drafting of key legislation including the Foreign Investment Code, the State Property Law and tax laws.
Clydes plans to use the association to target work in the mining, trade, financial services and infrastructure sectors. The U.K. firm already has a Mongolian-qualified lawyer, Khandsuren Khuu, who is based in London, and acts for both Mongolia-based clients and those looking to do business in the Central Asian country.
Clydes international trade partner and Mongolia leader Stephen Tricks commented: "This association provides us with the opportunity to develop our Mongolian practice. We can now link our clients to a law firm that has a unique experience of the legislative codes and considerable insight into the government of the country.""
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