The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Freshfields Bruckhaus Deringer's former China managing partner Mike Moser has taken a parting shot at the magic circle firm for its failure to build a viable US operation.
Speaking to The Lawyer about his departure, Moser said he decided to join O'Melveny & Myers because it had more US clients and a larger US base - an important factor given US investment in China.
"I enjoyed my time at Freshfields, but to be honest I'd become frustrated by the lack of a US platform at the firm," he said. "There was always a lot of talk, but it never realised itself. It's frustrating because the US is the biggest investor in China."
Moser retired from the Freshfields partner- ship in January to take the role of co-head of O'Melveny's China practice alongside Howard Chao.
The comments come after Freshfields' new co-senior partner Guy Morton boldly announced to The Lawyer (30 January) that he was aiming to achieve a US merger before the end of his five-year term.
Moser said Freshfields was unlikely to achieve a US merger in the near future.
"I just felt it would take too long," he said. "I doubt it will happen in my career."
Moser said O'Melveny was committed to expanding significantly in China and Hong Kong.
"O'Melveny is determined to build the biggest platform in China," he said. "During the next three months we'll be taking on three teams of lawyers in securities and private equity and we're going to be beefing up further, especially in Hong Kong."