In terms of our global strategy, sector expertise and emerging market focus, it makes sense for the firm to form an alliance with a New Zealand local firm. As part of the agreement, the two firms will refer work to each other where possible and undertake joint marketing initiatives across the region.
Fee Langstone is a boutique insurance litigation firm of 5 partners and approximately 30 staff. The firm specialises in insurance lines such as Directors' and Officers', professional negligence litigation, marine insurance, construction litigation as well as general policy coverage and claims disputes.
Fee Langstone Partners Philippa Fee and Craig Langstone have been working together since the late 1980s and have over the years added three additional partners to the firm: Pauline Davies, Cecily Brick and Matthew Atkinson. Both Philippa and Craig are ranked as Leading Individuals for Insurance by The Legal 500 Asia Pacific 2018 guide, which also ranks the firm as Band 1. Philippa is also ranked band 1 by Chambers and Partners for insurance.
New Zealand's economic growth continues to be buoyed by record net immigration and housing wealth gains. In the past decade, the nation's two-way trade with members of the Asia Pacific Economic Cooperation (APEC) grew NZD31 billion. Most of its surplus with APEC countries is due to a NZD3 billion surplus with China, which is mainly due to its exports of dairy products to China. New Zealand is a fast-emerging oil and gas producer with underexplored basins and significant petroleum potential. Oil and gas exploration and production has grown sharply in recent years and is now New Zealand's fourth largest export. The New Zealand insurance market is dominated by the domestic and Australian insurers, many of which Clyde & Co already has a working relationship with elsewhere.
For further information about Fee Langstone or to learn more about the firm's capabilities in New Zealand please contact Managing Partner - Australia, Michael Tooma.