Worldwide legislation agency Mayer Brown has agreed in precept for the Hong Kong partnership to separate from the worldwide practices of Mayer Brown, taking its earlier title, Johnson Stokes & Grasp, in keeping with a Could 2 media assertion. Mayer Brown has round 160 employees in Hong Kong.
The assertion mentioned that Mayer Brown will proceed to function in Hong Kong by way of a brand new partnership, specializing in areas of follow aligned with the “agency’s technique internationally and in Asia”.
Johnson Stokes & Grasp, which had mixed with Mayer Brown in 2008, will concentrate on its “distinctive place as a home-grown full-service legislation agency in Hong Kong”, the assertion mentioned. The Hong Kong agency additionally has consultant workplaces in Beijing and Shanghai which can proceed, in addition to a mental property company workplace in Beijing.
The proposed settlement between the partnerships is topic to approval from The Regulation Society of Hong Kong and will take impact earlier than the tip of the yr, with sure transitional preparations being in place up till mid-2025, the assertion mentioned.
The Hong Kong partnership has offers with corporations throughout banking, building, training, healthcare, insurance coverage, life sciences, logistics and transport, actual property, retail and Technology.
Mayer Brown’s new Hong Kong partnership will hyperlink up with its workplaces in Asia, and concentrate on company and Finance work, together with capital markets and M&A, infrastructure, and vitality, the assertion mentioned. No additional particulars had been supplied.
In Asia, Mayer Brown additionally has workplaces in Hanoi, Ho Chi Minh Metropolis, Singapore and Tokyo.
Jon Van Gorp, chair of Mayer Brown, mentioned within the assertion: “We’re immensely happy with our 15-year mixture with legacy JSM and the success we have now achieved collectively, and the robust relationships which have shaped between our attorneys, our employees, and our shoppers.”
Van Gorp continued: “Our strategic plan prioritises the event of core merchandise and industries which can be most related to our shoppers on the earth’s main international monetary facilities, together with Hong Kong. This association permits Mayer Brown to proceed its presence in Hong Kong with a follow that aligns with our strategic priorities.”
“We’re delighted that the Hong Kong partnership will proceed its 160-year legacy,” added Van Gorp. “The Hong Kong partnership has constantly been recognised because the main full-service legislation agency in Hong Kong and is uniquely positioned to proceed this legacy in Hong Kong and Mainland China.”
Terence Tung, senior accomplice of the Hong Kong partnership, mentioned: “We’ll proceed to help shoppers with a full-service providing in Hong Kong and thru workplaces within the Chinese language mainland, which is in keeping with our roots as a home-grown legislation agency with a deep understanding of the area.”
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