Bumpy road for US firms in Asia as Reed Smith, Cleary and Shearman lose out to local players

Bumpy road for US firms in Asia as Reed Smith, Cleary and Shearman lose out to local players

China and Hong Kong are becoming increasingly challenging places for the global elite as the competition for talent from local shops intensifies. Among the most recent victims were Reed Smith, Cleary Gottlieb Steen & Hamilton and Shearman & Sterling, which lost out to Australian firm MinterEllison, King & Wood Mallesons (KWM) and Fangda Partners respectively.

A six-partner disputes team of David Morrison, William Barber, Nathan Dentice, Alex Kaung, Eddy So and Desmond Yu quit Reed Smith’s Hong Kong base over what Asia-Pacific managing partner Denise Jong described as client conflict issues. They will join MinterEllison at the beginning of next year. Continue reading “Bumpy road for US firms in Asia as Reed Smith, Cleary and Shearman lose out to local players”

CMS returns to Hong Kong to enhance Asia disputes practice

CMS returns to Hong Kong to enhance Asia disputes practice

wiegand, nicolas_(small)CMS opened in Hong Kong in September through its German branch CMS Hasche Sigle, re-entering the city as part of an international arbitration push.

The initial focus of the office will see the development of a dispute resolution practice by arbitration partner Nicolas Wiegand (pictured) who relocates from Munich.

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Asia wrap: MoFo hires Magic Circle trio and Nabarro takes key Gadens partner, as BLP makes office move to support growth in Hong Kong

Asia wrap: MoFo hires Magic Circle trio and Nabarro takes key Gadens partner, as BLP makes office move to support growth in Hong Kong

This week in Asia, Morrison & Foerster (MoFo) added a trio of partners from three Magic Circle firms, as Nabarro has also strengthened its transactional practice in Singapore with the hire of former Gadens managing partner Marc Rathbone. Meanwhile, Berwin Leighton Paisner (BLP) will move its premises in Hong Kong out of the Central District to Taikoo Place to allow for further growth.

Continue reading “Asia wrap: MoFo hires Magic Circle trio and Nabarro takes key Gadens partner, as BLP makes office move to support growth in Hong Kong”

Revolving doors: Reed Smith ups energy offering as Mayer Brown JSM and Ince & Co make Hong Kong hires

Revolving doors: Reed Smith ups energy offering as Mayer Brown JSM and Ince & Co make Hong Kong hires

Reed Smith, which last week cut 45 jobs across its US, Europe and Middle Eastern offices, has bolstered its energy offering in the United Arab Emirates and China by appointing partners from Pinsent Masons and Norton Rose Fulbright.

Continue reading “Revolving doors: Reed Smith ups energy offering as Mayer Brown JSM and Ince & Co make Hong Kong hires”