NEXT
Sign in to follow

International Edition

Hogan Lovells and Sullivan advise as Goldman takes Mongolian bank stake

Hogan Lovells and Sullivan & Cromwell have advised Goldman Sachs on its purchase of a 4.8% equity stake in the Trade & Development Bank of Mongolia. Hogan's Mongolia office head Michael Aldrich advised the investment bank on Mongolian aspects of the deal, supported by a team of associates from the firm's Ulan Bator office.
2 minute read

International Edition

Mallesons to shake up partner pay as 'game-changing' China merger nears March launch

Mallesons Stephen Jaques has launched a review of its lockstep as it emerges that the Australian leader's Hong Kong partnership will be fully financially integrated with China's King & Wood's when the merger between the two firms goes live next month. Mallesons and King & Wood partners in Hong Kong will share one profit pool from 1 March this year, with King & Wood partners understood to be transferring over to Mallesons' remuneration system.
3 minute read

International Edition

LG and Withers target high net clients with Singapore launches

LG and Withers are both set to open offices in Singapore this spring in a bid to capture a share of the region's growing private client market. LG's Singapore launch, which will go live in the coming months through an alliance with local outfit PK Wong and Associates, marks the City law firm's first base in Asia.
2 minute read

International Edition

Hong Kong lawyers remain vexed by LLP issue as sticking points linger over reform

Hong Kong is continuing to grapple with the issue of limited liability partnerships (LLPs), with new proposals for regulatory reform discussed at a packed local Law Society meeting earlier this week (13 February). Under current regulations, Hong Kong partnerships must be isolated from global law firms' LLPs, and the Hong Kong Department of Justice (DoJ) has long signalled its intention to bring local liability laws in line with international rules, potentially allowing worldwide integration of legal networks.
4 minute read

International Edition

Watson Farley to open in Hong Kong with Goodwin Procter partner hire

Watson Farley & Williams has announced plans to open a Hong Kong office with a partner hire from Goodwin Procter. The UK top 40 firm is recruiting Loretta Lau, a corporate and capital markets lawyer qualified in England and Hong Kong.
2 minute read

International Edition

Top China law firm launches in London with hire of rival's three-partner City team

Zhong Lun Law Firm, one of China's largest law firms, has launched a new office in London with lawyers recruited from similarly-named breakaway firm Zhonglun W&D, reports The Asian Lawyer. Three partners - Xue Haibin, Li Lin Na, and Emily Wang - are making the move to Zhong Lun along with four associates and two administrative staff.
2 minute read

International Edition

McDermott unveils South Korea launch as local market opens up

McDermott Will & Emery is opening a new office in South Korea, becoming one of the first western law firms to establish a base in the wake of bar liberalisation. The Seoul-based branch will be led by In-Young Lee, currently head of the US law firm's Korea practice group, and will focus largely on outbound work.
2 minute read

International Edition

Herbert Smith assembles team to head up triple office launch in Germany

Herbert Smith has set out details of its international expansion plans, with the City law firm hoping to open three offices in Germany in addition to a base in New York in the wake of its failed merger bid with former European alliance partners Gleiss Lutz and Stibbe in November last year. The firm has appointed London corporate managing partner Patrick Mitchell and City corporate partner Alan Montgomery to head a committee dealing with its launch in Germany, where it hopes to open in Frankfurt, Duesseldorf and Munich.
2 minute read

International Edition

Norton Rose acts on £349m HSBC sale of Thai operation to local bank

Norton Rose has taken the lead role for HSBC on the THB17.5bn (£349m) sale of its Thai banking and wealth management business to Thailand's Bank of Ayudhya (BAY). Hong Kong corporate partner Richard Crosby led a six-strong team working out of Hong Kong and Bangkok, which included Bangkok corporate and finance partner Somboon Kitiyansub and Hong Kong-based corporate partner Phillip John, the head of the firm's North Asia practice.
2 minute read

International Edition

Freshfields to reopen in Singapore five years after 2007 exit

Freshfields Bruckhaus Deringer is gearing up for a relaunch in Singapore, almost five years after the firm shut down its former office in the region. The magic circle firm is planning to open the new arm this autumn, with the move expected to be discussed at a meeting of the firm's partnership council this week. The new office will focus on arbitration, corporate, projects and energy work, with the firm also looking to use the base as a strategic access point for India.
2 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now

  • Technology to Make E-Discovery Smarter, Not Harder

    Brought to you by Nuix

    Download Now

  • Does Generative AI Have the Power to Transform Legal Services?

    Brought to you by HaystackID

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now