U.K.-based Stephenson Harwood has decided to close its Beijing office and revamp its Hong Kong office to focus on litigation, corporate M&A and asset finance work following a strategic review of Asia operations earlier this year.
As a result of the review, the firm has shuttered its seven-year-old Beijing office and only resident partner Lin Chun-Hui will leave the firm. The office has lost most of its lawyers in the last couple of years. In 2018, the firm took over the legacy Beijing office of Troutman Sanders when the U.S. firm decided to exit Asia. But only a year after that, partner Allen Shyu, who led the 11-fee earner Troutman team that included Lin, left for Akin Gump Strauss Hauer & Feld.
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