DLA claims Camerons redundancies can make profit in Hong Kong

Twenty of the CMS Cameron McKenna lawyers who lost their jobs following the announcement of the Hong Kong office’s closure have found a new home at DLA.
The team joining DLA boasts six partners – including managing partner of the Hong Kong office Chris Clarke and fellow equity partner Janine Canham – plus 13 other fee-earners.
Although Camerons decided there were limited opportunities in the Hong Kong market, DLA managing partner Nigel Knowles said the group would be “profit-enhancing from day one”.
The two firms are still in negotiations over a start date for the team, which includes capability in corporate finance, litigation, intellectual property, banking and insolvency.
DLA has taken approximately half of the team that was made redundant, bulking its office to 19 partners and 40 other fee-earners.