US capability all the rage in HK

Last week Slaughter and May gained a US capability in Hong Kong with its first Asia lateral hire, bringing in Morrison & Foerster’s co-head of China capital markets John Moore.

Sources at the firm are keen to point out that the hire was all about necessity, with Slaughters struggling to stand out in pitches in Hong Kong – particularly for equity capital markets work – without a US capability.

And it seems it isn’t the only one. Allen & Overy’s Jim Wickenden has temporarily moved to the jurisdiction, taking up the role of US securities head.

All eyes are on you, Hong Kong.

Also on The Lawyer:

  • DLA Piper has added Hong Kong partner Mark Fairbairn and Singapore of counsel Ashley Bell to its restructuring group, both joining from O’Melveny & Myers
  • Shanghai-based Boss & Young and JoinWay have merged to form a 200-lawyer firm under the banner of Boss & Young
  • Reed Smith has become the latest international firm to open an office in Kazakhstan’s capital Astana
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