Olswang eyes China launch as firm plans to ramp up Asia presence
Olswang has outlined plans to open in China in the medium term, while sizing up expansion opportunities in emerging Asian markets such as Malaysia and Indonesia. The firm is looking to expand into mainland China within the next few years, with consultant Andrew Halper, who heads up the firm's China desk, spearheading the launch plans. Halper was hired earlier this year from CMS Cameron McKenna, where he was head of China at the firm.
August 05, 2013 at 05:50 AM
2 minute read
Olswang has outlined plans to open in China in the medium term, while sizing up expansion opportunities in emerging Asian markets such as Malaysia and Indonesia.
The firm is looking to expand into mainland China within the next few years, with consultant Andrew Halper, who heads up the firm's China desk, spearheading the launch plans.
Halper was hired earlier this year from CMS Cameron McKenna, where he was head of China at the firm.
Olswang chief executive David Stewart (pictured) said: "As well as looking at the major hubs such as Beijing and Shanghai, we are also investigating jurisdictions with IP-rich sectors such as Guangzhou or Shenzhen.
"We are building a real strategy and vision to deliver to clients looking to invest into China, and to advise Chinese clients on their outbound investment and international litigation, as our Asia presence gains more momentum."
The move is part of the firm's drive to boost its Asia platform. It is also looking to expand its presences in Malaysia and Indonesia, where it plans to build on existing relationships to widen scope for tie-up opportunities.
Corporate partner Azlinda Ariffin-Boromand is overseeing the firm's strategy in these jurisdictions.
Stewart said: "We are keeping our options open when it comes to Malaysia and Indonesia, where we look to deepen our relationships with a range of firms to help us identify where we can add value to what they do, and also better support our clients. This also applies to hotspots such as Myanmar, India and Vietnam."
The firm hired Ariffin-Boromand from Fasken Martineau, where she co-led the firm's Southeast Asia practice, earlier this year. Her practice has particular focus on outbound business from Malaysia.
The news comes as the firm highlighted its aim to bring in 50% of revenues internationally over the next three years. The firm's overseas offices this year accounted for 30% of revenues.
Stewart was re-elected as chief executive in April for a second three-year term. His tenure has seen Olswang launch its first Asian offering on-the-ground in Singapore last year.
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