US firm Debevoise & Plimpton is to expand its Asian disputes and investigations capabilities by relocating three lawyers to Hong Kong and upping the time spent in Asia by two key litigation partners from London and New York.
The firm’s Hong Kong-based litigation team will particularly focus on serving clients in Asia in international commercial and treaty arbitration, English and US commercial litigation, internal investigations, and defence and advice in matters involving US and UK regulatory statutes including the FCPA, UK Bribery Act, anti-money-laundering statutes and other similar laws.
“The legal market in Asia is expanding significantly. A substantial and growing matter of concern for clients in the region has been focusing on anti-corruption and white-collar compliance,” said Goldsmith. “International arbitration is another area where we see more client demand and major developments in Asia. There’s a great increase in interest of using arbitration among Asian clients. Several new rules for arbitration in key jurisdictions, combined with the growing popularity of major arbitration institutions in Singapore and Hong Kong will generate more arbitration work for us.”
Apart from the three litigation lawyers relocating to China, the firm has 15 lawyers, including three partners, in its Hong Kong and Shanghai offices. Its litigation department has about 250 lawyers, including 45 partners, around the world.