Happy 4 July Davis Polk

This Friday is 4 July, one of the biggest holidays of the year in the US, but for the country’s law firms – notably Davis Polk & Wardwell – that’s no reason to rest easy. At least not overseas.

As we report this week in the exclusive research contained in Asia Pacific 150 2014, the Wall Street titan has emerged as one of the biggest growers in Hong Kong. Indeed, according to data from the Law Society of Hong Kong, the number of Hong Kong qualified lawyers at Davis Polk surged by 65 per cent from 29 at the end of 2012 to 48 in April 2014.

In addition, Davis Polk grew headcount across its Beijing, Hong Kong and Tokyo bases from 87 lawyers in 2012 to 112 lawyers, including 14 partners, at the end of 2013. The growth, powered not only by capital markets work in the city but also by its regulatory and litigation practices (last year, it established its local litigation practice with the hire of Clifford Chance’s Asian litigation head Martin Rogers and partner James Wadham), means the firm has overtaken Latham, O’Melveny and UK firm Pinsent Masons to become the 20th largest player in the region.

Sounds like a cause for celebration.

Also on thelawyer.com:

Featured Briefings
Intellectual property – DLA Piper: US Congress may act again on patent reform  
Information technology – Dentons: Canada’s Anti-Spam Law — not just for Canadians  
Employment – DLA Piper: Three key cases in one day address the future contours of arbitration clauses in California: action steps for employers  
Media – DLA Piper: Celebrity endorsements on social media: seven tips for navigating the right of publicity  
Employment – Dentons: Supreme Court denies chronic stress WCB claim after employee reacted to disciplinary letter