Reed Smith hired corporate and commercial transaction specialist Johnny Lim as director at Resource Law, its formal law alliance partner in Singapore. He joins from rival firm Shook Lin & Bok, where he was a partner since 2015.
Lim strengthens the firm’s offerings with his experience in cross-border mergers and acquisitions, joint ventures, capital markets, private equity and venture capital. He also advises listed companies and financial institutions on corporate governance, regulatory licensing and compliance matters, and has restructuring and insolvency experience.
“Johnny adds further valuable dimensions to the firm’s capabilities, enabling us to meet even more our clients’ needs for legal expertise and services in these unprecedented times,” Bernard Yee, managing director of Resource Law, told Asia Business Law Journal.
Peter Zaman, Singapore office managing partner at Reed Smith, added: “Given the pandemic, the growth areas for the Singaporean market would logically be in finance, data, technology, pharmaceuticals, disputes and restructuring. Given the potential for a recession had existed even before the pandemic, areas like restructuring and finance were already likely to be growth areas.
“The shift will really arise in the other areas because of their heightened significance following the pandemic. Traditional and usual work streams will continue to remain relevant, but the nature of the work may shift.”