Legal Business

Strategy review puts US merger and new office launches on HSF agenda

Further New York growth and Washington DC offering on the cards

Herbert Smith Freehills (HSF) is accelerating its US development plans, launching consultations to explore a US merger and office openings outside of New York.

The performance of HSF’s New York office has exceeded early expectations after landing a number of large white-collar investigations and helping to win the firm a role advising JP Morgan Chase on the Asia end of the Securities and Exchange Commission (SEC)’s probe into whether the bank hiring the offspring of powerful Chinese officials helped it to win work in the country, as US regulators ramp up their checks on New York-based investment banks’ activities in Asia.