Hill Dickinson has bolstered its Asia office network with the hire of two shipping partners, taking one from Clyde & Co in Singapore and another from Kennedys in Hong Kong.
Former Clydes partner Chris Edwards will join the firm in Singapore on 2 June, while Kennedys partner Anthony Woo is to join the Hong Kong.
Edwards joins the firm after more than a decade in Clydes’ Singapore office, which he joined in 1998 before being promoted to the partnership in 2007.
Four years after its launch, Hill Dickinson’s Singapore office now has 15 fee-earners and contributes 3 per cent of the firm’s total revenue. Earlier this month, it posted a firm-wide revenue of £111.9m for the financial year 2013/14 (21 May 2014).
Woo, who was promoted to partner at Kennedys in 2010, focuses on shipping insurance work and regularly represents P&I clubs and insurers including AIG Hong Kong, London P&I Club and Munich Re. His hire comes after the firm’s Hong Kong launch in October 2013, which coincided with an association with local firm Laracy & Co (3 October 2013).
The Hong Kong office has over 10 fee-earners. Hill Dickinson’s managing partner expects the office to grow and to match its Singapore office in size and revenue contribution by the end of the 2014/15 financial year.
“Our view remains the same that Hong Kong is an established market but there is room for another marine-related firm,” said Peter Jackson. “So far we’ve seen positive results there. The Hong Kong office has strengthened our Asia offering and given us a degree of extra credibility to clients.”
He continued: “Our strategy is to remain focused on marine-related work in the region, but will spread our wing into commodities and commercial areas.”
Recently, the Hong Kong, Singapore and London offices together were involved in the high-profile Costa Concordia salvage operation, advising the ship’s owners and insurers.