Global law firm Baker McKenzie has hired a virtual asset specialist In response to growing client interest in Asia.

Joy Lam joins Baker McKenzie’s financial services practice in Hong Kong, according to a statement, advising clients on virtual asset funds, tokenized offerings and the development of related infrastructure in the virtual asset ecosystem. 

Lam’s digital asset experience spans across advising on Asia’s first open-ended and close-ended tokenized fund as well as securing Hong Kong's first approval for a virtual asset fund with crypto-based subscriptions and redemptions.

She joins from Sidley Austin where she was a partner. In addition, she is also a founding committee member of the Asia Security Token Alliance.

«At a time when financial institutions, sponsors and fintech providers across the globe are working to integrate and expand their digital assets offerings and investments to future-proof their business, having [Lam] on board will help us better meet our clients' growing needs,» said Jason Ng, Baker McKenzie's head of financial services practice in Hong Kong, mainland China and Singapore. 

Asia Financial Expansion

The new hire occurs in the midst of ongoing expansion of Baker McKenzie’s transactional practice in key hubs in Asia Pacific. 

They include capital markets partner Victoria Lloyd, private equity partner Derek Poon, leveraged finance partner Kenneth Ching and media and entertainment lawyer Lex Kuo in Hong Kong; M&A principal Kay Moon in Singapore; M&A partner Addy Herg in Kuala Lumpur; and corporate partner Lance Sacks in Sydney.