Former Allen & Overy of counsel Lynn Yang has recently joined Norton Rose’s Shanghai office as corporate and insurance partner. She will commence her partnership in July 2010.
Former Allen & Overy of counsel Lynn Yang has recently joined Norton Rose’s Shanghai office as corporate and insurance partner. She will commence her partnership in July 2010.Norton Rose officially merged with Deacons Australia earlier this year (the deal did not include Deacons Hong Kong) which has helped Norton Rose resource its Asian ambitions.
David Stannard, head of Norton Rose’s Asia practice, notes that Yang’s appointment is part of the firm’s aggressive business strategy for the Asia-Pacific region. The firm launched its Asian hiring spree last month, offering up to five banking and corporate positions for its Beijing office.
“It remains very challenging to develop business especially as the market becomes increasingly competitive in China. Developing a clear vision and strategy for our China practice ranks as the top priority for me,” said Yang.
Yang expects plenty of opportunities. “Financial sectors – both transactional and regulatory services – have huge potential to develop in the next few years in China,” she said. “In-bound M&A activities will also start to pick up this year. Notably, international firms will continue to play important roles in major outbound investments by both industrial and financial institutional investors,” she said
Yang’s appointment will bring the total number of partners across Norton Rose’s 13 Asian offices to 44.
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