Davis Polk signals plan to take on UK firms with two senior hires

The Wall Street law firm hires HKEx’s Bonnie Chan and Freshfields’ Antony Dapiran to build Hong Kong-law practice.

Davis Polk, a Wall Street law firm, has hired two senior IPO specialists as part of a plan to take on its multinational rivals in Asia.

In a bold statement of its intent to compete at the highest level, the US firm has lured Antony Dapiran from Freshfields, a British firm that often works alongside the US lawyers at Davis Polk. The two firms will now be fighting over the same seat at the table.

Dapiran, the former managing partner of Freshfields’ Beijing office, lends Davis Polk instant credibility as a one-stop adviser on Hong Kong IPOs thanks to his experience on China’s biggest offers, including the world-record $22.1 billion...

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