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Herbert Smith has added a Goodwin Procter partner to its Hong Kong team as a senior consultant quits the firm to join Clifford Chance.
Global investigations lawyer Kyle Wombolt has joined Herbert Smith’s Hong Kong disputes practice while competition litigation senior consultant Stephen Crosswell has left to join Clifford Chance’s local office as a consultant.
Wombolt is qualified in Hong Kong and the US and his practice focuses on fraud and accounting investigations across Asia.
Herbert Smith’s Asia head Mark Johnson said in a statement: “There’s been significant growth in investigations work for financial institutions and multinational corporates throughout Asia. While the focus of our work to date has been on Asian issues arising in these investigations, they increasingly have a US law component. The upcoming introduction of the UK Bribery Act will add a further international dimension.”
He added that Wombolt has the relevant background and experience to handle such work.
Meanwhile, Clifford Chance said it had hired Crosswell because of his experience in Hong Kong’s draft competition law and in advising on competition strategy, compliance and disputes.
Clifford Chance’s Asia Pacific litigation and disputes head Martin Rogers said in a statement: “Stephen’s expertise and reputation in Hong Kong and the wider region complements our existing strengths in China’s anti-monopoly law and will help us build a truly regional competition law service for our clients.”
Crosswell’s departure comes after Herbert Smith last week lost a three-partner litigation team from its Paris office. Allen & Overy hired the firm’s newly anointed Continental Europe, the Middle East and Africa litigation head Denis Chemla and fellow partners Michael Young and Erwan Poisson (27 May 2011).