Desmond Hughes attended the Baker & McKenzie conference Trends on Cross Border M&A which was held in Bangkok, comprising a variety of partners from Baker & McKenzie offices worldwide.
Why would another law firm promote such an event on its website? The answer is simple – Hughes Krupica does not hold out or represent that it can handle cross border M&A, because it doesn’t do so. Law firms that handle Cross Border M&A must have developed competencies and an established legal network across the relevant jurisdictions in order to competently assist clients on M&A Deals. Baker & McKenzie were formed in the early 1900s in Chicago, and developed their network to date. Therefore, Baker & McKenzie are well positioned in the M&A markets including in Thailand.
Desmond’s comments on the event were:
“Baker & McKenzie provided an impressive demonstration of their knowledge in the field of Cross Border M&A. In addition to their partners possessing the skillsets of M&A transactional lawyers, they also have good market knowledge and this is also demonstrated by their commitment to sharing their outline knowledge with participants and attendees at their conference.
Hughes Krupica advises clients to choose their law firms according to the services they need. Hughes Krupica would be able to provide support work on due diligence, or handle asset and local share transfers and procedural works on an M&A deal, but would not seek to assert capabilities in the M&A sphere. It should be noted that some law firms appear to ‘advertise’ skills in the M&A field, when clearly the have none, and businesses and investors should beware of such.
Hughes Krupica shys away from arrogance, unsubstantiated bold assertions, and instead focusses on the true strengths of its partners and small boutique practice. Therefore, it is more than possible to admire another law firm which is clearly committed to being a leader in a particular market segment. This is the nature of acceptance of a global market and a global legal services market.
It is impressive to see so many diverse nationalities of lawyers within Baker & McKenzie’s law firm, often working together, with law licenses from different countries, and different legal education. Hughes Krupica believes that this is the correct way to grow a law firm, and has already implemented the beginnings of its medium and long term strategy to deliver a choice of international services to its clients as Hughes Krupica carefully builds on the foundations of its business.
A sincere well done to Baker & McKenzie for their informative conference.”
Hughes Krupica specialises in Corporate; Construction; Real Estate; Hospitality; Dispute Resolution and Litigation. Its main areas of practice in Phuket are Real Estate; Hospitality; Dispute Resolution and Litigation. In its forthcoming Bangkok office, Hughes Krupica will offer Corporate; Construction; Real Estate; Hospitality; Dispute Resolution and Litigation legal services in a broader spectrum of advisory segments than its Phuket office, due to the nature of a city practice, and demands of clients on city practices.
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