The office “will serve the firm’s existing clients in cross-border matters in Asia and capitalize on existing and new client relationships for Greater China inbound matters to the Americas,” Albert Tan, co-chair of the firm’s international practice group, writes in an emailed response to questions.
“We will initially have a resident partner and [Silicon Valley partner] Yan Zhang splitting time between SV and Shanghai, then we anticipate that we will recruit a team of up to 3-4 attorneys over the next year, 1.5 year or so. We will look for talented lawyers with experience in domestic and cross-border transactions in the Americas and Greater China, together with suitable language and cultural skills to effectively represent our diverse base of our existing clients and potential clients.”
In a June 3 announcement about the ministry’s approval, Haynes and Boone said it would build on its practice and 20 years of representing Asia-based companies; the firm’s a client roster now includes: Taiwan Semiconductor Manufacturing Co., Samsung, NEC, Sumitomo Mitsui Banking Corp. and United Overseas Bank; and China-based clients such as Shanghai Press & Publishing Development and Bank of Communications.
Terry Conner, the firm’s managing partner, did not return a call seeking comment. The announcement quotes him: “With California, Texas, New York, Mexico, and Brazil among the primary destinations for Asian investments, we will continue to see increasing legal work from Asian companies.”
-- Miriam Rozen