Herbert Smith suffers another high-level departure as China M&A head quits

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  • It's official now. After Simon Meng's departure and the spate of other high profile departures from their Hong Kong office, Herbert Smith now has only one good corporate partner left in Asia. Surely some highly profitable law firm can tempt him away from Herbies! Let the bidding begin!

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  • Cmon then, who is it?

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  • hahaha. maybe he'll have time to look for a new job with the IPO market in Hong Kong quieting down

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  • He's had plenty of offers. Give him some time. Herbies' recent announcement that profits have continued to decline should make him a little looser in the saddle. And Freshfields still needs to rebuild after its losses last year.

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  • He will be mine! I will have him!

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  • We don't hire them as much as we used to in Asia as they can't hold on to their talent at either the partner or associate level. One partner can only do so many deals single-handedly with no real associate support and it's only expected to get worse with the associate headcount cuts underway in Hong Kong.

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  • Who's next? I heard rumors that there are at least two more partner departures on the way in Asia.

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  • I've worked across from Simon Meng. He is the real deal. A great lawyer. His departure is a big loss for Herbert Smith. So many heavy hitters leaving recently.

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  • Come on. They have plenty of associates in their Asia corporate department. Unfortunately they're all junior associates who can't make a judgment call or run a deal.

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  • Project Blue Sky was not implemented fast enough to stem the tide of departures. We're still waiting. More like nothing but blue sky.

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  • Who is the partner remaining that is referred to above?

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  • Gary Lock (not the Gary Locke that is the current United States Ambassador to China)?

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  • Matt Emsley

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  • Now that you point that out, I guess you're right. They are down to only one good corporate partner in Asia.

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  • with no associates apparently. not encouraging.

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  • Well times are bad and so associate departures are not that uncommon. There is at least one good senior associate in corporate still.

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  • Matt Ems won't stay - those above him hinder his development and one can be a "bag man" for so long. snr partners just don't get it and a dept. really losing it.

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