November 6, 2023
Allen & Overy and Shearman & Sterling, with more than 99 percent of the votes cast at each firm supporting the merger, have overwhelmingly approved the creation of A&O Shearman. The merger will combine two of the world’s most prestigious law firms with complementary strengths and cultures. Together, they will create an unparalleled firm with a forward-looking approach to delivering excellence and innovation for clients’ most complex matters. A&O Shearman will be ideally placed to provide local and cross-border support to clients as they navigate an increasingly complex legal, regulatory and geopolitical environment. The firms will now embark on a period of active integration planning, while working together toward final closing of the transaction, which is anticipated in or before May 2024. “This is a historic moment for both firms and our profession. We are delighted that our partners have voted so resoundingly in favor of this merger, which is a transformational step for the legal industry. We have long admired Shearman & Sterling for its outstanding reputation, talent and client base, and we are confident that together we will create a truly exceptional global firm that will serve our clients’ needs in an increasingly complex and dynamic world,” said Wim Dejonghe, Senior Partner at Allen & Overy. Adam Hakki, Senior Partner at Shearman & Sterling, added: “Our partners have recognized and welcomed this unparalleled opportunity to combine our individual market leadership and brands to serve clients as an integrated global law firm, preeminent in all our markets. A&O Shearman will be a firm unlike any other in the world, built to achieve exceptional outcomes for our clients through...
December 20, 2022
Simmons & Simmons Adaptive introduces us to their Alternative Legal Service Offering in Hong Kong Simmons & Simmons is one of the latest law firms to establish an alternative legal service offering in Hong Kong – Simmons & Simmons Adaptive. Their flexible resourcing model aims to connect the best lawyers and business professionals with best-fit client assignments. We sat down with Sarah Thompson (Partner and Global Head of Adaptive), Victoria Moore (Hong Kong Resourcing Manager) and Jonathan Hammond (Partner and Head of Asia) to discuss. What prompted the move to HK? Sarah: Adaptive launched in the UK in 2014 and our reason for the initial launch is no different to our reason for setting up in Hong Kong (and why we’re looking at other jurisdictions as well) – our clients struggle with resourcing and increasingly look to their partner law firms to offer a solution. Simmons & Simmons, as a law firm, no longer just does law. We are expected to be a business partner and to solve many more things for our clients. Adaptive was the brainchild of Jonathan. We had been seeing our clients become leaner, needing to do more with less, and having more project work. You need only to look at the regulatory space and the sheer number of projects over the last five years to really understand that cry for help: “We need quality resources!” We have that same issue in our own firm – how do we access the right people, where and when we need them?  At the same time, we were recognizing that talent was changing. How people want to work,...
October 4, 2022
International law firm Milbank LLP announced last September 30 that it has localised its practice into a Hong Kong law firm under the name “Milbank (Hong Kong) LLP”. Milbank LLP has practiced in Hong Kong for many years as a registered foreign law firm providing advice on English and New York laws. As a foreign firm, Milbank LLP will cease to practice in Hong Kong, and a new firm, “Milbank (Hong Kong) LLP”, will commence practice as a Hong Kong firm of solicitors. As a Hong Kong law firm, Milbank (Hong Kong) LLP will be able to broaden the scope of the services that it can offer to its clients, as it will not only be able to practice Hong Kong law, but will also continue to practice and advise on the laws of those other jurisdictions in which Milbank LLP currently practices. Founded in New York over 150 years ago, Milbank LLP provides innovative legal services to clients around the world. It has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, New York, São Paulo, Seoul, Singapore, Tokyo and Washington, DC. Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic...
December 27, 2017
Every year, Asian-mena Counsel surveys the In-House Community’s 21,000 members for Representing Corporate Asia & the Middle East, the most comprehensive poll of the buyers of legal services across Asia and the GCC jurisdictions ...