Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Bingham To Open Hong Kong Office
Coming late in the game to the China market, Bingham McCutchen announced on Nov. 13 that it will open a Hong Kong office on Jan. 1.
Although the now-disbanded Coudert Brothers opened the first Hong Kong office by a U.S. firm in 1972, Bingham Chairman Jay Zimmerman said 2007 is the right time for his shop.
'Our strategy has always been to build upon our strengths,' Zimmerman said. 'Following the lead of our highly successful London office, the Hong Kong office will advise existing financial-institution clients on investments in Asia.'
The three-lawyer Hong Kong office is the firm's second in Asia. Bingham has a Tokyo office that houses three attorneys, according to the firm's Web site.
Other firms have more robust and established Asia practices, but Bingham's London Managing Partner James Roome said his firm's office will be different.
'The globalization of distressed investing by hedge funds and investment banks is leading us to Hong Kong,' said Roome, who practiced in Hong Kong from 1984 to 1988 with England's Simmons & Simmons. 'A lot of firms have gone to Hong Kong, but not necessarily to do this.'
Roome will head the Hong Kong operation. London finance partner Kate Walters will move to Hong Kong to run the office. Joining Walters will be London corporate associate Angeli Arora and associate Charles Rogers, who Bingham grabbed from Jones Day's Hong Kong office.
Roome said the firm most likely won't expand the Hong Kong office beyond what's needed to serve current clients.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.