Clifford Chance has relocated its London head of banking litigation Matthew Newick to Hong Kong, after losing two litigation partners to Davis Polk & Wardwell.
Newick has 25 years of experience in commercial dispute resolution, particularly complex financial disputes and regulatory investigations. He will be traveling regularly to Hong Kong and the rest of Asia Pacific over the coming months before permanently relocating this summer.
Newick’s move comes following the departure of Clifford Chance’s Asian litigation head Martin Rogers and partner James Wadham (13 December 2012), who joined Davis Polk & Wardwell to launch the US firm’s litigation practice in Asia.
Clifford Chance’s litigation practice in Asia Pacific currently has over 70 legal professionals, led by 13 partners. Most recently, the firm strengthened its litigation offerings in Singapore by establishing a formal law alliance (FLA) with local boutique Cavenagh Law (11 December 2012).
It is understood that Clifford Chance is in the process of electing a new head for its Asia litigation practice and the firm has not yet named a partner in London to take over Newick’s current leadership role.
Newick is the magic circle firm’s second relocation from London to Asia Pacific so far this year. Last week, the firm announced that London finance partner Caroline Jury has relocated to its Sydney office.