Global 100: Kick for the finish in Asia

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Despite slowdown in China’s economy, Global 100 firms’ interest in Asia shows no sign of winding down with significant moves following another active year.

China’s slowdown has been a focal point of international headlines across the past 12 months as its tumultuous 2015 spilled into 2016. For Dentons, which took on 4,000 China lawyers at the start of 2015 through its landmark combination with Dacheng Law Offices, China’s faltering couldn’t have been more ill-timed. However, Dentons’ exposure in Asia is shared by many Global 100 firms and the attitude is certainly that it is a marathon not a sprint – growth for many firms in the world’s second-largest economy and across Asia shows no signs of abating. Anyway, a slowdown in China is a relative term, with many law firms still expanding.

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Asia wrap: MoFo hires Magic Circle trio and Nabarro takes key Gadens partner, as BLP makes office move to support growth in Hong Kong

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This week in Asia, Morrison & Foerster (MoFo) added a trio of partners from three Magic Circle firms, as Nabarro has also strengthened its transactional practice in Singapore with the hire of former Gadens managing partner Marc Rathbone. Meanwhile, Berwin Leighton Paisner (BLP) will move its premises in Hong Kong out of the Central District to Taikoo Place to allow for further growth.

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DAC Beachcroft deepens relationship in Malaysia with application for joint venture

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Last month DAC Beachcroft became one of a few firms to take advantage of the liberalisation of the Malaysian market as it applied to the country’s Bar council for a joint venture (JV) licence with Kuala Lumpur-based association firm Gan Partnership.

According to Gan Khong Aik, one of four partners at Gan Partnership, the two firms have been in a formal association for the last four or five years. The Malaysian practice, which specialises in corporate commercial, dispute resolution and intellectual property is hoping to expand its offering in reinsurance and insurance through formalising its relationship further with DAC.

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Asia round-up: HFW enters association in Shanghai as Simmons hires former Dentons head for Singapore

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Holman Fenwick Willan (HFW) and Simmons & Simmons have made moves to boost their presence in Asia, with HFW entering a formal association with Shanghai firm Wintell & Co, while Simmons expands its financial markets practice in Singapore, hiring Dentons’ former managing partner.

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All change Down Under as Skadden closes Sydney office after 27 years

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Clifford Chance sees senior exits as Clydes makes more hires in region

The Australian market saw some of the world’s largest firms make changes last month, including Skadden, Arps, Slate, Meagher & Flom, which shut its small Sydney practice after nearly three decades of operation.

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