Hong Kong becomes hot spot for US lawyers

The rapid growth in investigations in China into corporate misconduct has seen several US law firms increase their numbers there.

China: probes Yuri Yavnik

Latham & Watkins, Proskauer Rose, Debevoise & Plimpton and Ropes & Gray have all added lawyers in the Hong Kong office over the last year. The boost in demand for investigations work was triggered by the bribery probe into  GlaxoSmithKline in China in summer 2014. 

New front

Bradley Klein, an investigations specialist at Skadden, Slate, Meagher & Flom, said that corporates are now realising that they can no longer consider regulation a concern primarily in their home country. He said: ‘This opened up a new front and the risk of having to juggle multiple investigations in multiple jurisdictions.’ Source: Bloomberg

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