U.K.-based law firm, Mishcon de Reya, renowned for its clientele base of the wealthy and notable, has recently strategically invested in two significant hires from its closest competitor, Withers, situated in Hong Kong. The lateral hires aren’t just regular additions to their roster; Timothy Burns and Wei Zhang are distinguished private client and U.S. tax partners. Notably, Zhang held the position of Hong Kong managing director at Withers, a role she achieved at a significantly young age, marking her as the firm’s youngest-ever regional head.
The move from Mishcon may be indicative of a shift in focus from the U.S. to Asia, a sentiment that is mirrored by Mishcon’s executive chair Kevin Gold when he stated that the “economic hegemony” is increasingly tilting towards Asia. It is interesting to note the geographical and strategic focus, particularly in the ever-growing legal landscape.
For more details on the new hires and their roles, as well as the broader strategic implications of Mishcon’s move, visit the complete coverage of this story at Law.com.