Allen & Overy has been hit by the departure of a seven-partner corporate team from its Hong Kong office, with the group quitting for Latham & Watkins -- leaving just four partners in the Magic Circle firm's Hong Kong corporate group. The dramatic exit represents one of the most significant departures ever seen from the foreign network of a Magic Circle firm, as the foreign offices of leading London firms have so far proved largely impregnable to predatory attentions of U.S. rivals.
October 10, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Allen & Overy has been hit by the departure of a seven-partner corporate team from its Hong Kong office, with the group quitting for Latham & Watkins, Legal Week can reveal.
The U.S. firm has recruited seven partners, including highly-rated Asia corporate Chief Michael Liu and China group head Kenneth Chan, leaving just four partners in the Magic Circle firm’s Hong Kong corporate group.
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