Blank Rome said Wednesday that it closed its Hong Kong office ?as part of a broader realignment of its resources in response to client demand.? The Philadelphia-based law firm said that it decided to consolidate its Asia practice in Shanghai.
?After just over two full years of operation, our Shanghai office has quickly emerged to play a vital role in our ability to service clients globally, and continues to have a positive impact on the firm?s revenues,? Blank Rome Co-Chairman and Managing Partner Alan J. Hoffman said. ?In response to client needs and local economic forecasts, we determined that Blank Rome will remain focused on China from its Shanghai office while we look to expand further in the United States and elsewhere in the world. We anticipate a solid 2013 and hope to grow our global capabilities, particularly in corporate law, intellectual property, maritime and litigation.?
Blank Rome opened a Hong Kong office in September 2006 when it acquired 23-lawyer Healy & Baillie, a maritime-law firm based in New York with offices in Hong Kong. It opened in Shanghai in 2011.
But the firm said it chose to close the Hong Kong location July 27 as a reflection of its strategic plan, which it said includes growing its U.S. offices, looking at other foreign markets for potential expansion and having a more focused strategic approach in Asia.
The firm?s four Hong Kong lawyers have left for other firms. Corporate lawyer and office managing partner Kristi Swartz and litigation partner Nigel Binnersley both moved to the Hong Kong office of St. Louis-based Bryan Cave. The firm also had paralegals and support staff and said that it has worked in recent months to ensure a smooth transition, both of client work and for each of the affected staff members.
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