US firm Vedder Price has opened its second international office, launching in Singapore this month.
The firm, which specialises in global transportation finance, has five offices in the US and one in London.
It will relocate partner Ji Woon Kim from New York and solicitor Lev Gantly from London to head up the new office.
A statement from the firm said the new base “satisfies client demand for a physical presence in Asia” and gives the firm “a foothold for future expansion in the epicentre of this expanding market”.
The office will not practise Singaporean law under local rules regarding international law firms, instead practising both US and English law.
Chicago-headquartered Vedder Price ranked 165th in The Lawyer’s Global 200 2016 report, released earlier this year. It posted revenue of £157m last year and has 170 partners based across seven offices.
Singapore continues to be a major focal point for international law firms. The Lawyer revealed last week (15 September) PwC Legal is set to open in Singapore later this year, hiring partners from both Ashurst and Norton Rose Fulbright for the launch.
Osborne Clarke and US firm Nixon Peabody also opened in Singapore in August through associations with local firms Queen Street Legal and Angeline Suparto Law Corporation (ASLC) respectively.
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