Allens closes down in Hong Kong

November, 10 2014

The Big Six Australia firm is shutting its office in Hong Kong but will still have access to the area through its joint venture with Linklaters.

The firm recently decided that it would withdraw from parts of Asia because of the coverage that is still maintained by its arrangement with the Magic Circle practice. The two firms have been in alliance for two years and, according to Linklaters Asia managing partner Marc Harvey, could consider turning the arrangement into a financial one as well. The Hong Kong development would seem to make that option more likely. Source: Legal Week