Sidley Austin LLP to Open Office in Australia



    CHICAGO, NEW YORK and SYDNEY, Australia, April 24 /CNW/ -- Sidley Austin
LLP announced that it will open an office in Sydney, New South Wales,
Australia on May 1, 2007.  At that time Bob Meyers, currently the managing
partner of the Sydney office of Pillsbury Winthrop Shaw Pittman, will join the
firm as partner, resident in Sydney. With existing offices in Tokyo, Hong
Kong, Beijing, Shanghai and Singapore, the Sydney office will be the sixth
Sidley office in the Asia Pacific region.
    Mr. Meyers is one of the leading US legal advisers to Australian
companies and Australian and international investment banks on US and
international capital raisings and stock exchange listings, cross-border
mergers and acquisitions, structured finance and M&A transactions.
    Tom Cole, Chair of the firm's Executive Committee, noted "Our decision to
open an office in Sydney and the recruitment of Mr. Meyers demonstrate our
commitment to serving our clients throughout the world."
    Tom Albrecht, a member of the firm's Executive and Management Committees
with responsibility for International operations, noted, "For over twenty
years, our firm has represented investment banks and financial institutions
based in the Australian and New Zealand markets on US and European capital
markets, structured finance and related transactions.  Given the increased
sophistication and number of transactions that have been originated in the
Australian market, we believe that it is now time for us to establish a local
presence, and we are very fortunate to have a lawyer with Bob's skills and
reputation join us. The US-qualified lawyers to be based in our Sydney office
will also provide additional depth and breadth to our existing international
legal practices based in the other Sidley offices in the Asia Pacific time
zone."
    Mr. Meyers expressed his delight at joining Sidley, commenting, "Sidley's
longstanding experience in the Australian and New Zealand markets, its
strength in the Asia Pacific region, its world class corporate, capital
markets and litigation practices and its reputation as one of the world's
leading international law firms is the perfect platform for my practice and my
clients."
    Mr. Meyers will join Sidley's global corporate finance and capital
markets practice, which numbers several hundred lawyers practicing in 11
offices around the world.  Sidley has long maintained one of the world's
leading capital markets' practices.  For the third consecutive year, Sidley
was ranked top issuer counsel for U.S. debt, equity and equity-related deals
by Thomson Financial in its 2006 U.S. law firm league tables.  The firm
advised on 548 deals worth $374.1 billion in deal value representing a market
share of 10.7 percent. Sidley also ranked number three as underwriter's
counsel in the same category with $257.3 billion in deal value from 429
offerings representing a market share of 7.2 percent.  In the 2007 American
Lawyer Corporate Scorecard, Sidley ranked third (tied) for top law firm
transactional practice in the United States.
    Sidley Austin LLP is one of the world's largest full-service law firms,
with more than 1,700 lawyers practicing in 15 U.S. and international cities
including Beijing, Brussels, Frankfurt, Geneva, Hong Kong, London, Shanghai,
Singapore and Tokyo.  Sydney will be Sidley's sixteenth office.  In 2006,
Sidley was named to Legal Business' Global Elite, their designation for "the
15 finest law firms in the world."  Sidley was again named the number one law
firm for overall client service by BTI, a Boston-based consulting and research
firm, in 2007.  BTI has also named Sidley to their Client Service Hall of Fame
as one of only two law firms to rank in the Client Service Top 10 for six
years in a row.

    For purposes of the New York State Bar rules, this press release may be
considered Attorney Advertising and the headquarters of the firm are Sidley
Austin LLP 787 Seventh Avenue, New York, NY 10019, 212.839.5300 and Sidley
Austin LLP One South Dearborn, Chicago, IL 60603, 312.853.7000. Prior results
described herein do not guarantee a similar outcome.





For further information:

For further information: Tom Albrecht, Partner, +1-312-853-7213, 
talbrecht@sidley.com; Craig E. Chapman, Partner, +44-207-360-3640, 
cchapman@sidley.com; Janet Zagorin, Director of Practice Development, 
+1-212-839-8797 (office), +1-917-903-6555 (cell), jzagorin@sidley.com; all 
for Sidley Austin Web Site: http://www.sidley.com/

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