The long read: What future for Hong Kong’s legal market?
For decades, Hong Kong has been at the centre of Western law firms’ strategies, with its long history as one of the world’s key financial centres. However, times have changed since the first firms set foot in the region.
The University of Law (ULaw) has handed control of its new Hong Kong campus to one of the legal education world’s most well-known figures. Peter Crisp, who served as dean of BPP from 2003 to 2017 before becoming pro vice chancellor external at ULaw, will take on the role of dean at the new campus, […]
A deputy judge in Hong Kong’s Court of First Instance has slammed K&L Gates’s request for documents as “vague”, “inconsistent” and “convoluted” in an ongoing fraud dispute involving a former partner. A judgment dated 29 March shows that the US firm requested a number of documents, including some protected by confidentiality agreements, in a bid […]
Slaughter and May has landed the lead corporate role for the Hong Kong stock exchange as it puts forward a £32bn bid to purchase the LSE Group, The Lawyer understands. Hong Kong Exchanges and Clearing (HKEX), one of the world’s most active boards for IPOs and listings, has offered to buy the London Stock Exchange (LSE) in […]
Cooley is in the process of expanding its Asia presence, with the firm hiring a Skadden Arps Slate Meagher & Flom partner to spearhead its planned Hong Kong launch. Cooley has hired Skadden partner Will Cai in Hong Kong. Cai was made up at Skadden in 2014 and has a focus on China-related capital markets […]
Under-the-radar Greenberg makes promises in litigation Mishcon de Reya isn’t used to losing partners from its beloved disputes group, but this week The Lawyer revealed two would be making the move – and to a US firm no less. Banking disputes head Masoud Zabeti and fellow litigator Mohammed Khamisa QC are joining Greenberg Traurig, a […]
White & Case’s London revenue decreased by four per cent last year, while globally the firm recorded a rise in its financials to hit $2.2bn. Revenues at the firm’s UK outpost were $337m in 2019, a 3.7 decrease from the 2018 figure of $350m. Globally though turnover rose by 6.6 per cent to $2.2bn. Its […]
Simpson Thacher & Bartlett has made its first City partner hire in just over a year, bringing in Linklaters’ former head of global tax to its office. Yash Rupal will make the move to the US firm having been a partner at the magic circle firm since 1996. He represents a range of corporates, financial […]
Ocado has concluded a review of its main legal advisers, with firms including DWF and Slaughter and May making it onto the retailer’s roster. The review comes as the online retail company has decided not to appoint a formal panel. At the same time, the effort follows the striking, in February 2019, of a £750m-worth […]
Hogan Lovells’ London office revenue increased by 10 per cent over 2019, while global growth was also promising in Steve Immelt’s final year as CEO. The firm reported revenue of £332.6m in London in 2019 after breaking the £300m barrier over 2018, when it grew by just 2 per cent to £301.9m. Globally, Hogan Lovells’ […]
A complaint against Dechert’s white-collar co-head, Neil Gerrard, has been filed to the Solicitors Regulation Authority. In documents seen by The Lawyer, Jordanian lawyer Karam Al Sadeq has filed the complaint, alleging that Gerrard conducted an interrogation unlawfully, while he was detained in inhumane conditions in Ras Al Khaimah. Sadeq is currently imprisoned in the emirate […]