As Nobel laureate Aung San Suu Kyi celebrated victory for her National League for Democracy party in landmark elections for Myanmar, Berwin Leighton Paisner (BLP) last week announced it was launching in the country.
BLP has picked up Baker & McKenzie’s former Yangon managing partner Chris Hughes to head up the expansion.
The move is an extension of last year’s alliance with local firm Legal Network Consultants (LNC). LNC joined BLP’s Asia Network, and the relationship will continue despite the UK firm now having a foot on the ground in Yangon.
By joining its rival on the ground, BLP is bolstering the small but growing ranks of foreign-headquartered firms in Myanmar. The majority at present are regionally-based, with examples including Singapore’s Allen & Gledhill and WongPartnership and Japan’s Mori Hamada & Matsumoto.
With half a century of military rule now ended and the prospect of democracy brighter than before, Bakers and BLP could well be joined by other international firms in the not too distant future.
Also on TheLawyer.com:
- DLA Piper has appointed Clyde & Co’s Indonesia practice head Michael Horn as a partner in its Singapore office
- King & Wood Mallesons and Ashurst have secured lead roles in GE Capital’s sale of its Australian commercial assets to Sankaty Advisors for A$1.9bn (£888m)
- And Asian deals feature in our quarterly roundup of transactions with an offshore element
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