Mayer Brown JSM nabbed two partners from a rival firm in a bid to expand its banking and finance practice in Asia.
Kayal Sachi and Ian Roebuck joined Mayer Brown JSM as banking and finance partners, based in Singapore. The two joined from Allen & Overy, and will focus on acquisition and leveraged finance, event-driven finance, corporate lending and restructuring transactions in South East Asia and India, the firm said in a press release.
Growing demand from global and regional clients for legal advice on complex cross border banking and finance transactions in Southeast Asia along with an influx of financial technology firms has seen Singapore bulking up its capabilities in becoming the region's legal hub.
Starting in April, the city-state will play host to Southeast Asia's first legaltech accelerator. Singapore's initiative aims to groom legal technology startups as well as incubate new business models or services conceived by law firms.
