Two new boutique law firms were launched in Hong Kong in February by lawyers looking to carve out a niche for themselves in sustainable finance and international legal services.
Ben McQuhae, a former Jones Day partner, launched boutique law firm Ben McQuhae & Co in Hong Kong on 8 February. The firm will focus on supporting clients to build sustainable finance, and pledges to be a net-zero carbon law firm.
“We have seen national net-zero carbon commitments in mainland China, Japan, Korea and elsewhere around the world,” McQuhae told China Business Law Journal.
“Since the Paris Agreement, there’s been a huge amount of work that’s happening, much of which is behind the scenes … all over the world to promote sustainable finance.”
The firm has developed a self-accountability methodology called SDG tracker, which enables it to score its work against UN sustainable development goals (SDGs).
Prior to establishing the new firm, McQuhae co-founded GPS McQuhae in 2018, which will now be branded as Georgiou Payne Stewien.
Meanwhile, David Cameron, formerly of Candy Pang & Co, set up a corporate law firm, David Cameron Law Office, in Hong Kong on 22 February.
“Being at my own law firm is exciting in an otherwise pretty tame profession,” Cameron told China Business Law Journal, “My short-term goal is to better serve my clients and disrupt the legal market a bit, all the while having fun.”
Prior to Candy Pang, Cameron was a capital markets partner at Dorsey & Whitney. The new firm will provide legal services on general corporate matters, capital raising and contract law, positioning between the large US and UK law firms with offices in Asia, and the smaller domestic law firms based in Asia.