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Asia Pacific Legal Market Summary And Partner Moves - February 2019

(As excerpted from our monthly Associate Newsletter - Asia Pacific)

Associate Newsletter – Asia Pacific is a monthly resource that reports current legal market news, trends, partner moves and active opportunities in the Asia Pacific legal markets.

Legal Market Summary

HONG KONG

Kung Hei Fat Choi! Wishing everyone good health and happiness in the year of the pig!

Chinese New Year has not slowed down recruitment activities in Hong Kong. Firms are still actively bringing on new members to their teams. Busy areas include corporate IPO, M&A, banking, funds and IP/IT sector. Firms are generally looking at mid-level candidates between 2-7 years PQE. Most of the positions require Chinese skills, but some senior hires would have flexibility on it.

Returnees from the US and UK are in demand. Candidates who are interested to look into the Hong Kong market, please do get in touch for more market insight.

CHINA

Recruitment slowed down leading up to Chinese New Year. Most firms put things on hold given the one-week holiday in China. Some of the busy areas include corporate M&A, finance and regulatory.

Given the immigration policies in China, most international law firms are inclined to hire talents who hold PRC passport or Hong Kong identity card. This would allow firms to bring talent on board sooner.

SINGAPORE

The Singapore market has picked up a lot. Firms are busy across different areas and active in hiring strong candidates to the teams. Following some senior movements in the market, more firms are interested in growing the practice. Capital markets, finance and funds are the busy areas.

Firms are still interested in hiring candidates with overseas experience to the Singapore market. Candidates who have spent a couple of years in Australia, the US or the UK would receive good interest from law firms.

SOUTH KOREA

Korea remains steady with opportunities focused around corporate M&A and PE. There is still a strong preference for US-qualified talent with fluency in Korean looking to return to Seoul. English fluency is important for drafting, sometimes preferred over Korean fluency. High-quality training and academics are essential for the market at the moment.

JAPAN

Active M&A transactions continue to be the market driver. There has been a strong appetite for M&A lawyers as well as Japanese-qualified lawyers and bilingual foreign-qualified lawyers with 3+ years PQE across practice groups and firms.

SYDNEY & MELBOURNE

In February, we saw continued demand from top tier and international law firms in Sydney and Melbourne for banking & finance and corporate/M&A lawyers. Demand is normally at the 2+ year PQE through to senior associates with 8 or 9 years PQE. Although recent tightening of immigration laws is making it more difficult for law firms to hire foreign-qualified lawyers, firms are still very much interested in speaking with UK, New Zealand and South African-qualified lawyers with high level banking & finance and corporate/M&A experience who wish to relocate to Australia.

Similar demand is also been seen across a range of law firms, both national and international for Australian or foreign-qualified lawyers with top-tier non-contentious construction experience. We believe the continued demand for construction lawyers will continue into the foreseeable future as state governments continue to increase infrastructure budget spending.

Demand for commercial litigators continues to be high across Sydney and Melbourne as well with real estate, financial services and regulatory lawyers also finding the market relatively favourable.

 

Partner Moves

Partners

Practice

To

From

Location

Nicola Roberts

Restructuring and Insolvency

Harneys

Ogier

Hong Kong

Ashley Wong

Banking and Finance

King & Wood Mallesons

Mayer Brown

Hong Kong

Wang Yu

Corporate and Securities

King & Wood Mallesons

Morrison & Foerster (Counsel)

Hong Kong

Stephanie Tang

Corporate

Hogan Lovells

Shearman & Sterling

Hong Kong

Jason Wang

Capital Markets

LC Lawyers

Paul Hastings
(Associate)

Hong Kong

Shirley Fu

Corporate

SF Lawyers

Harneys
(Counsel)

Hong Kong

Daniel Yeh

Private Equity

White & Case

Ropes & Gray

Hong Kong

Jian Guan

Maritime

Watson Farley & Williams

China Merchants Commerce Financial Leasing Co. Ltd.
(Senior Legal Counsel)

Hong Kong

Qizhen Dong

Capital Markets

L&C Legal

Harvest Global Capital Investments Ltd.

Hong Kong

Margie Chan

Debt Capital Markets

Norton Rose

Davis Polk

Hong Kong

Maria Wang

Real Estate

Fangda Partners

Morrison & Foerster

Shanghai

Karl Pires

M&A

Shearman & Sterling

White & Case

Tokyo

Daisuke Yoshida

Litigation

Morrison & Foerster

Latham & Watkins

Tokyo

Andrew Brereton

Banking and Finance

King & Spalding

Clifford Chance

Singapore

June Ho

Banking and Finance

TSMP Law Corporation

Norwegian firm Wikborg Rein
(Associate)

Singapore

Philip Lee

Debt Capital Markets

DLA Piper

Herbert Smith Freehills

Singapore

Akramjeet Khaira

Insurance

Kennedys

Kelvin Chia Partnership

Singapore

Michelle Phang

Corporate

ADTLaw

Shook Lin & Bok

Singapore

James Harris

Global Infrastructure

Pinsent Masons

Hogan Lovells

Singapore

David Teo

Corporate

Sabara Law
(Director)

Donaldson & Burkinshaw

Singapore

Ben Constance

Corporate

DWF

Taylor Wessing
(Dubai)

Singapore

Wei Chern Tham

Corporate Litigation

Duane Morris & Selvam

Fullerton Law Chambers

Singapore

Vanessa Ng

Corporate Finance

Morgan, Lewis & Bockius

Fortis Law Corp.

Singapore

Waltter Kulvik

Corporate

Ashurst

Sidley Austin
(Counsel)

Singapore

Simon Ashworth

Construction and infrastructure

K&L Gates

Corrs Chambers Westgarth

Sydney

Danielle Funston

Restructuring and Insolvency

Maddocks

K&L Gates

Sydney

Mark Sant

Employment

HFW

Dentons

Sydney

Greg Golding

Corporate

Ashurst

King & Wood Mallesons

Sydney

Robert Hanley

M&A

Ashurst

King & Wood Mallesons

Sydney

Matthew Baumgurtel

Energy

K&L Gates

Fotowatio Renewable Ventures
(Asia Pacific General Counsel)

Sydney

David Holland

Corporate

Hogan Lovells

Baker McKenzie

Sydney

Charles Bogle

Corporate

Hogan Lovells

Gilbert + Tobin

Sydney

Andrew Johnston

Banking and Finance

Sparke Helmore

Addleshaw Goddard Oman

Sydney

Brendan Milne

Employment

HFW

Dentons

Melbourne

Joshua Dellios

Environment

MinterEllison

White & Case

Melbourne

Kathy Dalton

Employment

Workdynamic Australia

DLA Piper

Melbourne

Jessica Davies

Energy and Resources

Norton Rose Fulbright

Clifford Chance
(Counsel)

Perth

David Jewkes

Energy and Resources

Norton Rose Fulbright

King & Wood Mallesons
(senior associate)

Perth

Carl Black

Real Estate

King & Wood Mallesons

Squire Patton Boggs

Perth

Sam Dundas

Dispute Resolution

King & Wood Mallesons

HWL Ebsworth

Perth

Anurag Dwivedi

Banking and Finance

Shardul Amarchand Mangaldas

Link Legal India Law Services

Delhi

Maneshi Pathak

Employment

IndusLaw

Cyril Amarchand Mangaldas

Delhi

Asim Abbas

Telecom Media Technology

J. Sagar Associates

Cyril Amarchand Mangaldas

Delhi

Abeezar Faizullabhoy

Disputes

Argus Partners

HSA Advocates

Mumbai

Murtaza Kachwalla

Disputes

Argus Partners

HSA Advocates

Mumbai

Shahen Pradhan

Disputes

Argus Partners

HSA Advocates

Mumbai

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