Top Clifford Chance capital markets partner Rupert Li has left the Magic Circle firm to join Beijing’s King & Wood as international managing partner.

Li, a former partner in Clifford Chance’s Beijing office and member of the London-based firm’s management committee, will lead King & Wood’s efforts to expand its international law capability with a focus on Hong Kong. “Some kind of epiphany came to me last summer,” recalls Li. “It all of a sudden dawned on me that it’s time to defect to the dark side.”