Congratulations to Magic Circle firms Allen & Overy and Clifford Chance for winning a Qualified Foreign Law Practice license from Singapore’s government. Singapore’s government hopes to boost the country’s reputation as a financial center by admitting a few law firm powerhouses like those two, along with White & Case, Latham & Watkins, Norton Rose and Herbert Smith. The firms’ practices will be limited in scope to areas like intellectual property and financial matters. We thank Bloomberg for alerting us to this development; follow the link for more details.