Asia Pacific Legal Market Summary and Partner Moves - June 2018

APAC Market Summary(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        China        Singapore        South Korea        Australia       

HONG KONG

Hong Kong remains a busy lateral market for Associates looking to change platforms this year. We have seen a lot of activity in corporate, capital markets and funds, generally on both the US and Hong Kong side. US firms in particular are hiring aggressively so there are opportunities for increased compensation by making a lateral move. There are opportunities at all levels, from NQ to senior associate.

 

CHINA

Beijing and Shanghai markets remain busy. Law firms are generally recruiting across the transactional practice. PRC nationals with commonwealth or US qualifications with a couple of years of overseas experience are in need. This is also due to the strict visa application process that makes PRC national become a preferred candidate. Having said that, when firms recruit overseas passport holders to the markets, special arrangement will be held prior the work permit is granted. It roughly takes around 6-18 months for the work permit to come through. During the period of application, firms will generally place candidates to the appropriate office (mostly Hong Kong or Singapore).

 

SINGAPORE

The Singapore market has remained steady. Law firms within the M&A, capital markets and FCPA practice areas are looking for mid-level lawyers with at least three years’ experience with a US practice. Candidates with experience and training from one of the top Singapore law firms are in high demand for international law firms.

 

SOUTH KOREA

The Seoul market has quieted down slightly, and there has been a decrease in hiring. We expect the market to pick up later on in the year, focused around the corporate and projects practice areas.

 

AUSTRALIA

Although in June we tend to see a slowdown in hiring activity due to many Australian firms conducting their annual performance reviews, the Sydney private practice legal market has continued to remain active. The top tier and national law firms have continued to show interest in lawyers with excellent training and credentials across litigation, corporate/M&A and banking & finance practices areas with demand in real estate and construction not too far behind.

The Melbourne private practice legal market remains active with top-tier and national law firms maintaining their demand for top talent across litigation, real estate and banking & finance practice areas. We have seen a slight drop in M&A roles; however, demand is still steady.

In the Perth legal market, we are seeing stronger demand for energy & resource and corporate/M&A lawyers. We have seen an uptick in demand for project finance as well as energy sector focused litigation.

 

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Recent Partner Moves in Asia Pacific

Partners

Practice

To

From

Location

Janice Lee

Asset Finance

Ince

Stephenson Harwood (Senior Associate)

Hong Kong

James Fong

Corporate

Bird & Bird

Mayer Brown JSM

Hong Kong

Ben Bury

Construction

Holman Fenwick Willan

Jones Day

Hong Kong

Rossana Chu

Corporate

LC Lawyers (EY Law)

Troutman Sanders

Hong Kong

Lynia Lau

Energy

LC Lawyers (EY Law)

Troutman Sanders

Hong Kong

Martin Robertson

M&A

Tiang & Co.

Mayer Brown JSM

Hong Kong

Chris Tang

Corporate

JunHe

Latham & Watkins (Associate)

Hong Kong

Jeff Zhang

Corporate

Orrick, Herrington & Sutcliffe

King & Wood Mallesons, New York

Beijing / New York

James Zimmerman

Corporate

Perkins Coie

Sheppard Mullin (Managing Partner)

Beijing

Scott Palmer

Intellectual Property

Perkins Coie

Sheppard Mullin

Beijing

Hazel Yin

Competition Law

Freshfields Bruckhaus Deringer

King & Wood Mallesons

Beijing

Sarah Zeng

Corporate

Orrick, Herrington & Sutcliffe

Dentons

Beijing

Yang Li

Bankruptcy and Insolvency

JunHe

King & Wood Mallesons

Beijing

Wade Weems

FCPA

Kobre & Kim

The U.S. Department of Justice (Federal Prosecutor)

Shanghai

Chengfei Ding

Corporate

EY Law Firm

Troutman Sanders

Shanghai

Martyn Huckerby

Competition Law

Tiang & Co.

King & Wood Mallesons

Shanghai

Shaolin Luo

Corporate

YunFeng Capital (general counsel)

Simpson Thacher (Partner)

Shanghai

Roderick Howell

Finance

Dentons Rodyk

Herbert Smith Freehills

Singapore

Eugene Chang

Global Energy, Infrastructure and Resources

K&L Gates

Orrick, Herrington & Sutcliffe, Tokyo (Senior Counsel)

Seoul

Daniel Lee

Disputes and Investigation

Kobre & Kim

U.S. Department of Justice (DOJ prosecutor)

Seoul

Andrew Battisson

Disputes

Norton Rose Fulbright

Allen & Overy

Sydney

Alex Guy

Finance and Projects

Ashurst

DLA Piper

Brisbane

Dan Brown

Finance and Projects

Ashurst

DLA Piper

Brisbane

Chris Patten

Banking and projects

Norton Rose Fulbright

Allens

Brisbane

Anuja Tiwari

Projects and Infrastructure

DSK Legal

Trilegal

Delhi

These listed partner moves are obtained from both public sources and Major, Lindsey & Africa. This list is not intended to represent Major, Lindsey & Africa as the consultancy involved in the moves, although some moves may have been brokered by Major, Lindsey & Africa.

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Nathan PeartNathan Peart is a Consultant in our Associate Practice Group based in Hong Kong. He works closely with associates to help them make a lateral move into law firms in the Asia-Pacific region as well as internationally.

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