Dechert has hired litigation partner Maria Sit in Hong Kong, just months after losing a three-lawyer disputes team.
Sit was most recently counsel with Davis Polk & Wardwell’s Hong Kong office. She specializes in regulatory investigations and enforcement, civil litigation and arbitration. She joined Davis Polk in 2015 after a two-year stint as legal counsel at the Hong Kong Securities and Futures Commission. Earlier in her career, she practiced at Herbert Smith Freehills and Reed Smith.
Eversheds Sutherland and Clifford Chance also recently recruited partners with experience at the securities regulator. In 2018, Slaughter and May’s third-ever external partner hire globally was Wynne Mok in Hong Kong, a former director of enforcement at the SFC.
David Kelley, Dechert’s New York-based co-leader of the white-collar and securities litigation practice, said in a statement that the Philadelphia-based firm is committed to expanding its litigation practice in Asia.
Late last year, Dechert lost a three-lawyer team specializing in litigation, governance, regulatory and compliance matters, including partner Kareena Teh, to Big Four accounting firm EY’s Hong Kong member law firm, LC Lawyers.
Besides Sit, associate Irene Lee is the only other lawyer in Hong Kong that focuses on commercial litigation.