Cleary Gottlieb Steen & Hamilton revealed its plan to launch a Hong Kong law practice with a partner recruited out of Norton Rose, a UK based law firm. Cleary, like several other US firms before it, is responding to a rapidly growing legal market in Hong Kong, driven by Hong Kong IPO’s. Freeman Chan, who is leaving Norton Rose to head up Cleary’s Hong Kong practice, is a member of The Takeovers Appeal Committee of the Securities and Futures Commission of Hong Kong.
Cleary managing partner Mark Walker explained that the plan is a vital step given the present market condition. “Adding Hong Kong law capability to our existing, successful Asia practice is a natural and important extension of our firm’s global business model, which combines strong local law and international law practices around the world.”
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Posted by marvins
on December 3, 2010. Filed under Home,Law Firm News,Legal News,World News.
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Departures from a law firm are complicated for any attorney, but for a partner the details can be quite intricate. Please note: First and foremost, the interests of your clients should be absolutely paramount. Consultation with existing ABA and state bar guidelines on firm transition is suggested. Below you will find a list of important considerations for partners when changing firms. You will also find suggested practices for maintaining relationships, as well as obligations from a legal and moral perspective. Before You Begin to Meet with New Firms It’s important to review any existing employment agreement with your former firm to make sure you are in compliance with all provisions (pay particular attention to provisions regarding notice). Practice discretion with your existing firm until you [...]
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