Orrick Herrington & Sutcliffe
International top 30 position: 29
Asia-Pacific international top 50 rank: 23
To read about this firm’s Asia Pacific practice, please click here
The Asia Pacific profile is an edited version of a full write-up that appears in The Lawyer Asia Pacific 150, a comprehensive analysis of the legal market in the region that ranks the top 100 local firms and leading 50 international players by headcount. For more information and to purchase your copy please click here
Orrick Herrington & Sutcliffe posted global revenues of $846m in 2011 with 20 partners in London contributing $34.5m, almost five per cent down on the previous year. The firm has 25 offices globally dividing its practice across the five broad areas of corporate, energy/infrastructure, finance, intellectual property and litigation.
The firm endured a tough start to 2013 with a number of defections across different jurisdictions. In Germany, independent firm Heuking Kühn Lüer Wojtek hired a team of nine lawyers in February to strengthen its Düsseldorf and Frankfurt real estate teams.
Orrick partners Michael Alberts and Peter Zimmerman along with of counsel Peter Vocke all join Heuking as equity partners in Düsseldorf, accompanied by four associates. In Frankfurt, partner Christoph Wetzler moved along with one associate.
In January 2013 the firm lost Hong Kong corporate partner William Woo to Freshfields Bruckhaus Deringer.
Woo is the seventh corporate partner to leave Orrick’s Greater China team since the middle of 2012. Beijing-based partners Allen Shyu and Thomas Man left for Troutman Sanders and Morrison Foerster, while Hong Kong partners Phoebus Chu, Mark Lee and David Cho also left to pursue other opportunities. Most recently, in November 2012 the firm’s senior partner for China, Christopher Stephens, left to join the Asian Development Bank as general counsel.
Founded in San Francisco, Orrick Herrington & Sutcliffe celebrates its 150th anniversary in 2013.
No. of lawyers: 91
Orrick Herrington & Sutcliffe focuses on capital markets, private equity, intellectual property and M&A work in China. “Many Chinese companies are now going abroad and are raising money on the Hong Kong stock exchange,” explains Xiang Wang, the firm’s Beijing-based Asia managing partner, claiming that recently his firm has done more initial public offerings in Hong Kong than any other global firm.
The practice has also been made something of a television sensation in China, with the country's Central Television station focusing on the firm for a recent documentary on the region’s tumultuous intellectual property environment called Patent Wars.
Wang also remains bullish on the firm's Tokyo office, despite the country's difficult economic situation. “There are probably some international law firms suffering in Japan, but we take the view that it remains a very important market for our clients.” Taiwan also remains a solid fixture on the firm's map: “It is a strategic location for us to serve technology companies that are operating in the US and on mainland China.”
News from The Lawyer
Briefings from Orrick Herrington & Sutcliffe
On 30 July 2012, the German Ministry of Finance published a discussion draft bill regarding High Frequency Trading for the German financial services sector in the form of an Act for the Prevention of Risks and the Abuse of High Frequency Trading (HFTA).
Predictive coding, also known as automated review, represents an evolving technology that provides litigants with a computer-assisted alternative to manual review of large document sets.
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Global revenue 2011 ($m): 846
Global lawyers 2011: 1,081
No. of lawyers (Asia Pacific): 91
Offices (Asia Pacific): 5