Big Four accounting firm EY has once again expanded in Asia, with its Hong Kong member law firm, LC Lawyers, hiring a three-lawyer disputes team from Dechert.
The team, led by partner Kareena Teh, focuses on general corporate and commercial disputes, including insolvency and insurance litigation, as well as governance, regulatory and compliance matters. Former associates Philip Kwok and Mok Ho-yin join Teh. Kwok is now counsel at LC Lawyers.
Teh joined Dechert in January 2014 after 12 years at Baker McKenzie. In 2013, she became the first woman in Hong Kong to be a solicitor-advocate, which gives her the right to argue in court—a right previously restricted to barristers. Earlier in her career, she practiced as a barrister in Christchurch, New Zealand.
The new hires will add a disputes capability to EY’s Hong Kong member firm. Most of its 14 lawyers, including five partners, focus on corporate finance, mergers and acquisitions, and general corporate and commercial matters.
Earlier this year, a four-lawyer ex-Troutman Sanders team, led by corporate partner Rossana Chu, joined LC Lawyers. Chu joined as co-managing partner with founder Harry Lin. In May, Chu told The Asian Lawyer, Law.com’s Asia-based publication, that she planned to expand the firm to 30 lawyers by the end of 2019.
The Big Four accounting firms have been investing significantly in legal services in Hong Kong this year. PwC recruited four partners with international firm experience, while Deloitte and KPMG are preparing to launch 25-lawyer and 20-lawyer firms, respectively, in the coming months.
With the departures, Dechert now has 22 lawyers in Hong Kong, including seven partners. A spokesperson for Dechert said the firm is “grateful to Kareena for her contribution to the firm and we wish her the best of luck for the future.”
The firm, the spokesperson said, is committed to delivering premier litigation services in Hong Kong.