Business of Law
Kirkland & Ellis on Hiring Spree in Asia
Posted Aug 10, 2011 6:06 AM CDT
By Molly McDonough
Hoping to further capitalize on growing demand for mergers and acquisitions work in Asia, Kirkland & Ellis announced Wednesday that it is bringing in eight lawyers for its Hong Kong office.
The firm plans to expand to 50 lawyers in Asia, most of them fluent in Mandarin Chinese, according to Reuters and a firm news release.
Reuters reports that the expansion comes as clients are increasingly in need of pre-IPO advice from private equity firms investing in Chinese companies, advice involving buyouts of "China orphan" stocks, and for clients dealing with accountancy and governance scandals.
American Lawyer: "Kirkland Grabs Skadden, Latham Partners for Hong Kong Push"