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NRF expands risk advisory offering

Global law firm Norton Rose Fulbright has expanded its Australian risk advisory offering via a strategic alliance with Chapel Lane Advisory.

user iconLauren Croft 11 February 2022 Big Law
NRF expands risk advisory offering
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In a move the firm said will continue to grow its longstanding risk advisory practice, NRF has partnered with political, public policy and reputational risk consultancy Chapel Lane Advisory (CLA) to enhance the firm’s multidisciplinary suite of services.

Chief executive partner in Australia Alison Deitz said that the alliance was an “important addition” to the firm’s current offering.

“Properly managing legal and regulatory risk is a difficult and often multi-jurisdictional problem to solve, and so clients are increasingly seeking out global law firms with the right level of cross-border expertise,” she said.

 
 

“Since we launched our risk advisory offering in 2018, we have expanded into non-legal services as clients have asked for more holistic advice. Our new relationship with Chapel Lane Advisory is an important addition to that offering.”

CLA is a consultancy founded at the intersection of law, public policy and politics to deliver strategic support services in public policy and political risk and was founded by founders Daniel Ward and Tim Wellington – who will contribute strategic political and reputational risk consulting, public policy solutions and advocacy, compliance and integrity services, and crisis management advice in the partnership.

Mr Wellington confirmed that CLA would work with NRF and its clients to offer a full suite of services in managing complex risk, regulatory and policy issues.

“We are excited to partner with Norton Rose Fulbright and offer new ways to solve the most complex and challenging problems clients face. During our time in senior political and legal roles it was clear to us that the firm was at the forefront of innovation in legal services, and this alliance takes that one step further,” he said.

“Reputation, social licence and political risk are fast becoming primary issues for boardrooms in Australia and internationally, especially in the wake of the COVID-19 pandemic. This alliance combines our experience at the peak of Australian political, policy and legal issues with the market-leading offering of Norton Rose Fulbright to provide a unique service, underpinned by an understanding of how the law and politics intersect.”

NRF chair and head of risk advisory in Australia Scott Atkins added that this was a natural next step for the firm.

“Our investment in highly regarded consultancy Chapel Lane Advisory is a natural next step in the growth of our risk advisory team, which blends legal and non-legal advisors with in-depth knowledge of industries such as government, financial services and technology. This strategic alliance with Daniel Ward, Tim Wellington and CLA will allow us to provide the full spectrum of risk advice to our corporate and government clients, helping them to prepare for and navigate the most complex issues they face,” he said.