Hong Kong Partners Exit Allen & Overy Amid Market Slowdown

Law360, New York (June 12, 2012, 5:33 PM EDT) -- Four partners from London-based Allen & Overy LLP’s Hong Kong office on Tuesday were reportedly let go amid sluggish markets in the region after a month that saw the territory’s Hang Seng stock market index drop 11.7 percent in May.

The partners were asked to leave, according to Legalweek. A spokesman for Allen & Overy confirmed Tuesday that the partners have left, but declined to comment on whether they had been laid off or dismissed and declined to provide their names.

No other partners or associates...
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