Freshfields bullish after loss of China head

The news that Freshfields Bruckhaus Deringer’s head of China Douglas Markel had quit for Simpson Thacher & Bartlett hit late last night. See story.

The news that Freshfields Bruckhaus Deringer‘s head of China Douglas Markel had quit for Simpson Thacher & Bartlett hit late last night. See story.

Markel had only been head of the office for a year, after the previous head Michael Moser quit for O’Melveny & Myers with all guns blazing about Freshfields’ US strategy.

But all is not lost, it appears. First thing this morning Freshfields sent out two press releases heralding the true might of its Asia practice.

Not only did Freshfields work on “the world’s largest IPO this year to date”, but also “the largest convertible bond in Asia (excluding Japan) in six years”.

It’s all in the timing.