The world’s leaders and global CEOs are gathering in Bali for the annual Asia-Pacific Economic Cooperation (APEC) summit this week, where strong economic growth across South East Asia will give delegates plenty to talk about.
The absence of US president Barack Obama has already been a key talking point, although secretary of state John Kerry, who went in Obama’s stead, has certainly made his presence felt.
In the shipping and insurance legal world, there are several London firms looking to make their own presence felt in the region.
The past week saw RPC hire Asia insurance head from UK rival Ince & Co in Singapore and Hill Dickinson seal an association with local litigation boutique Laracy & Co for its newly established Hong Kong base.
In September, Clyde & Co tapped into Indonesia via an association with Indonesian firm Lubis Ganie Surowidjojo, just a month after the firm formalised a joint law venture with Singaporean firm Clasis.
Bulking up in the region is wise. The Asian market is not easy to navigate, so for these firms to become local winners they are going to need all hands on deck.
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The Hongkong and Shanghai Hotels (HSH), the owner and operator of The Peninsula Hotels has promoted senior legal counsel Nadine Maurellet to be the group general counsel