The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Mainland China and Hong Kong confirmed their positions as expansion hot spots over the past couple of months with a slew of international firms launching presences in the region.
US firm Simpson Thacher & Bartlett sparked the flurry, announcing plans to launch on China's mainland after raiding local law firm Fangda Partners. The New York firm is gearing up to apply for a local operating licence after poaching Beijing-based M&A specialist Shaolin Luo as counsel. Chicago-headquartered Kirkland & Ellis announced similar ambitions to launch in Hong Kong during a conference just weeks later, as revealed on www.thelawyer.com (29 May).
Kirkland London-based private equity partner David Eich, who is tipped to relocate to Hong Kong to head the new office, confirmed that the firm has not yet lodged its application for a local operating licence. However, this minor regulatory hurdle is not stopping the ambitious US firm from a target of having the office operational by Q4 2006 or Q1 2007.
Meanwhile, Gide Loyrette Nouel has grabbed the headlines this week with news that the French firm is to launch in Hong Kong later this month, having been granted a much sought-after operating licence - good news for Continental European rivals, but less thrilling for friends across the pond, which have not been quite as quick off the blocks in securing regulatory approval.
And Gide is not satisfied with merely a Hong Kong office. The French firm's Turkish managing partner Guillaume Rougier-Brierre is also relocating to Beijing in August.