SJ Berwin launches new office in Shanghai
SJ Berwin has opened an office in Shanghai, as the firm continues to expand its presence outside of Europe. The representative office was launched officially today (30 October) after the firm was granted a licence in August, and will be staffed by senior associates Phillip Senff and Hailong Ji.
October 30, 2009 at 11:08 AM
2 minute read
SJ Berwin has opened an office in Shanghai, as the firm continues to expand its presence outside of Europe.
The representative office was launched officially today (30 October) after the firm was granted a licence in August, and will be staffed by senior associates Phillip Senff and Hailong Ji.
It marks the third international office launch for SJ Berwin this year, after the top 20 UK firm opened in Hong Kong in April and in Dubai during the summer, with a formal launch last month.
The expansion comes after the firm suffered a dip in profitability last year, with profits per equity partner dropping by nearly 50%, prompting criticism that the firm's strategy lacked diversity.
The Shanghai office will focus on the firm's core sectors of fund formation, M&A, private equity and real estate.
SJ Berwin senior partner Jonathan Blake said: "This is a further step in our strategy of international development in our core areas, and reinforces our confidence in the expansion and growth of our firm worldwide."
SJ Berwin Asia head Daniel Liew added: "China's impressive economic growth continues despite the global economic challenges, and client demand is high for dedicated, capable and experienced legal resources able to assist with both inbound and outbound cross-border legal work involving China."
Prior to this launch SJ Berwin had 11 offices, mainly in continental Europe, while the firm has also been considering a Moscow launch.
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