15 March 2008

Another phenomenal year ‘- Cliffe Dekker publishes the firm’s Annual Review, 2007

In leading corporate and business law firm Cliffe Dekker‘s Annual Review for 2007, chairman Chris Ewing reports on another “phenomenal year in which the firm has achieved double digit growth in turnover, profitability and people appointments.”

Ewing believes the firm’s continuing success can be attributed to a focused approach to building capabilities and capacity. The strategy has included lateral hires and promotion of top lawyers in key growth areas like the mergers and acquisitions practice, projects, financing and banking, and employment practices, in particular.

“In this way we provide the platform to service our clients’ needs for advice across the full range of practice areas demanded of a corporate law firm,” Ewing says.

In other areas, the growth of the firm has been supported by a focus on building efficiency and a highly motivated team of people. Chief Operating Officer, Michael Whitaker says that progress is being towards becoming “more flexible, adaptable and accommodating” when it comes to creating a balance between career and private life while at the same time, enhancing the skills of all the firm’s people.

Transformation remains a top priority. Since earning a coveted AAA empowerment rating, recognising Cliffe Dekker as a Level 2, ‘good BEE contributor’ in 2006, the firm has introduced a host of operating policies aimed at entrenching continued transformation progress. “Our ultimate goal is to transform the hearts and minds of the people in the firm,” Ewing says.

In its Annual Review, 2007, Cliffe Dekker highlights many of the year’s significant transactions handled on behalf of its clients in its principal practice areas.

Among the M&A highlights, it lists acting for Anooraq Resources in respect of a Black Economic Empowerment transaction with Anglo Platinum, which was named ‘Deal of the Year’ at the annual DealMakers awards announced on 27 February 2008.

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