CMS has entered an association with a Hong Kong law firm set up this month by former Troutman Sanders partner Shirley Lau — a move that will allow the firm to offer local law advice and a full-service corporate offering alongside its existing disputes and finance practice in Hong Kong.
Shirley Lau & Co was launched by name partner Lau and six more lawyers from Troutman Sanders’ Hong Kong office, which the Atlanta-based firm previously announced would wind down by the end of this month. Troutman also previously announced it plans to close its offices in Beijing and Shanghai.
Lau specializes in listings, mergers and acquisitions and compliance matters related to the Hong Kong Stock Exchange. She joined Troutman Sander in 2005 from legacy Preston Gates & Ellis.
CMS opened in Hong Kong in late 2016 with offerings in international arbitration and asset finance and has since emphasized its expertise in German and English law. Adding Hong Kong capability would enable the office to offer clients a full-service corporate offering, said office managing director Tim Elliott.
Last year, CMS secured a Singapore law capability by forming an alliance with seven-lawyer local firm Holborn Law. The firm is also actively looking for a partner firm in China, executive partner Duncan Weston told The Asian Lawyer last year.
Last month, Troutman Sanders’ former Beijing office, including a U.S. law capital markets team, was acquired by Stephenson Harwood.