Are Western Law Firms Prepared for the Rise of Asian Law Firms?
Global law firms with roots in the West have long enjoyed their dominance in the world. But Asia-based law firms have become a force to be reckoned with, writes The Global Lawyer.
November 20, 2022 at 07:15 PM
7 minute read
International - Asia and AustralasiaAt roughly the same time that Chinese President Xi Jinping and U.S. President Joe Biden were meeting at the G-20 summit in Bali, Indonesia last week, important stories about Asian law firms were in the news. The timing was fitting. As the Asia Pacific continues to increase in importance politically and economically, law firms in the region are growing in size and stature. This may be a good time for the U.S.- and Euro-centric legal industry to pay more attention to the rise of Asian law firms.
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