For U.S. global law firms trying to cash in on the growing private equity market in Asia, maintaining a foreign legal practice comes with a myriad of structural problems, said Jeffrey Maddox, a corporate lawyer who spent the last 25 years as a partner at Big Law outlets in Singapore and Hong Kong.

Jeff Maddox, partner with Sterlington. Courtesy photo

But Maddox said his move to New York-based virtual firm Sterlington at the beginning of June “makes sense in today’s legal world” that’s transitioning to a virtual deal-making environment.