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International Edition

Bakers leads as Zhengzhou plans to raise $500m in Hong Kong Stock Exchange IPO

Baker & McKenzie is advising Zhengzhou Coal Mining Machinery Group as it prepares to raise $500m (£308m) in a listing on the Hong Kong Stock Exchange.
2 minute read

International Edition

Cleary, Squire Sanders and McDermott lead charge of big law firms to Seoul

The past few years have seen China hogging the headlines and boardroom discussions, but as companies adopt a pan-Asian strategy amid slowing Western economies, South Korea has rapidly become the new focus for firms.
3 minute read

International Edition

Slaughters mulls adding US-qualified partners in Asia

Slaughter and May is mulling adding US law capability to its Hong Kong office, after a spate of US firms launched local practices in the region. The magic circle firm is considering whether to hire US-qualified lawyers for its Asia base - a move which would involve lateral partner hires and would represent a break from the firm's traditional strategy of organic growth.
2 minute read

International Edition

Crony capitalism in the firing line as judges take tougher anti-corruption stance in Korea

Lionel Mok asks whether public opinion is prompting judges to take a stricter approach to Korean bosses
4 minute read

International Edition

Honeymoon period for foreign firms in Hong Kong seems over as IPO slowdown prompts fee drop

Slump in HK IPO market has seen pricing fall by as much as 40%, as Elizabeth Broomhall discovers
6 minute read

International Edition

CC asks Singapore lawyers to take sabbaticals amid Asia slowdown

Clifford Chance (CC) has asked associates from its capital markets team in Singapore to take voluntary sabbaticals as the firm moves to cope with the dramatic slowdown in Asian securities work. The magic circle law firm is understood to have met with staff this week to offer them a percentage of salary and benefits if they accept the offer of leave between now and early 2013. It is unknown how many staff will be affected by the cost-cutting measure, but sources close to the matter indicate that it will be less than 10.
3 minute read

International Edition

Dechert secures licence for Shanghai launch

Dechert is set to open its third Asia office later this year after securing a licence to operate in Shanghai. The firm obtained its licence from the country's Ministry of Justice last month, some four years after it received approval to launch a base in Beijing. Under Chinese law, international firms can only apply for a new office licence every three years.
2 minute read

International Edition

Freshfields breaks lockstep in Asia to stave off US firm advances

Freshfields Bruckhaus Deringer has taken steps to protect its Asian partnership from US firms' advances by breaking away from its lockstep and allowing new partners to be promoted more quickly in the region, it has emerged.
4 minute read

International Edition

Freshfields confirms details of imminent Singapore relaunch

Freshfields is to relaunch in Singapore office in the coming weeks, more than five years after the firm closed its former office in the Southeast Asian city-state. The magic circle firm has signed a lease on a new 8,000 sq ft office in Singapore's Ocean Financial Centre. Leading the new venture will be partner Stephen Revell, who oversees Freshfields' global capital markets practice, and who will relocate from Hong Kong.
3 minute read

International Edition

King & Wood Mallesons ends rigid Oz lockstep; HK partners in pay guarantee

King & Wood Mallesons has overhauled its lockstep for its Australian partners, as news emerges that the firm's Hong Kong arm struck a five-year deal to ensure partner remuneration remains at pre-merger levels.
2 minute read

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