The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Cleary Gottlieb Steen & Hamilton is set to launch a Hong Kong law practice after poaching Norton Rose’s China corporate finance head.
Freeman Chan, a corporate finance partner in Norton Rose’s Hong Kong office, will join Cleary as a partner at the beginning of next year. Chan will work with the firm’s existing Asia partners to launch a Hong Kong law practice in early 2011, once the firm has completed the necessary regulatory steps.
The new practice will focus, initially at least, on Hong Kong listed IPOs and other capital markets transactions, as well as private equity and M&A deals.
Cleary has more than 40 lawyers spread between Beijing and Hong Kong, 17 of whom will be Hong Kong qualified when the new practice is launched, according to the firm.
“Adding Hong Kong law capability to our existing, successful Asia practice is a natural and important extension of our firm’s global business model,” said Cleary managing partner Mark Walker.