Freshfields Bruckhaus Deringer has successfully lured Royce Miller, currently managing director and general counsel of Citigroup’s Asia Pacific Institutional Clients Group, to join the firm in early 2010. Miller’s appointment as partner to the financial services practice group in Hong Kong is expected to add further depth to the firm’s practice.
Freshfields is a member of Citigroup’s global legal panel and Miller’s appointment will serve to further strengthen the relationship between the two.
Miller has been with Citigroup for over 15 years and Freshfields hopes to benefit from Miller’s experience in navigating the financial services market in Asia. “Current global reforms, together with the continuing expansion of legislative requirements in mainland China, are placing increasing importance on the need for sound regulatory and risk advice,” said Simon Marchant, Freshfields’ Asia managing partner.
Miller’s appointment to Freshfields is another sign that law firms are strategically preparing for the next economic upturn, particularly in Asia. “Asia’s economic growth is giving rise to huge opportunities for financial institutions. As the region’s economies grow and mature, regulatory scrutiny is intensifying,” Miller said.
The official word from Citigroup is that Miller’s successor has not yet been appointed. However, they hope to announce a replacement soon.
Related Stories: