Some of the biggest law firms in the world have now slowly but surely taken their businesses to different parts of the world, and their brand value makes it easier for them to find a foothold in new markets. One of the many law firms that have made a name for itself at the international level over the past decades is Sidley Austin LLC. The law firm has set up its operations in many countries, and naturally, it has also developed a sprawling operation for the Chinese market. The Chinese market is, without a doubt, the most lucrative one in the world at this point, and Sidley has set up its operations in Hong Kong. The company has a China Corporate and Finance group in Hong Kong that is ultimately in charge of its operations in the world’s second-largest economy.
It is one of the firm’s most important operations and on Friday Sidley announced that it had welcomed a new partner on to the fold for its China operations. The person who has been welcomed as a new partner at China Corporate and Finance Group is Meng Ding. Ding had previously been one of the partners at Kirkland & Ellis LLP, where he had been working with the Capital Markets section of the company. According to the press release put out by Sidley, Ding has wide experience in the capital markets and is also adept at mergers and acquisitions across a range of industries. In addition to that, Ding completed his Doctorate from the prestigious Massachusetts Institute of Technology and also happened to hold as many as 31 patients in the United States.
However, the most important aspect of the new partner is the fact that he has extensive contacts in the technology sector in Greater China and that will perhaps be the biggest takeaway for the company once he does take charge. Constance Choy, who is a managing partner at Sidley Asia Pacific, said, “Meng is highly regarded by issuers, investment banks and other institutions that dominate the IPO market.” That is an enviable profile and one that would be covered by most firms who do business in Greater China, and it remains to be seen how Ding adds value to the firm. Sidley has grown rapidly over the years and currently employs as many as 2000 lawyers across its 20 offices worldwide.