HONG KONG/NEW YORK – Chicago-based regulation agency Mayer Brown has reached an settlement in precept to separate its China operations, ending a 15-year partnership that after shaped the world’s largest regulation agency by income.
Mayer Brown stated it could function in Hong Kong however with a “new partnership”, whereas the Hong Kong partnership would revert to its unique identify of Johnson Stokes & Grasp (JSM). Topic to approval by the Legislation Society of Hong Kong, the deal is predicted to be accomplished by the tip of this yr, with transitional preparations in place till mid-2025.