(Credit: RomanWhale studio/Adobe Stock) The Americans Are Leaving China in Droves, but Will It Level the Playing Field?
The risks inherent to running a legal business in China now far outweigh China's appeal. But over the past 18 months, no U.K. law firms have exited China, nor have they closed any offices on the mainland.
June 04, 2024 at 10:01 AM
5 minute read
Over the past 12 months, at least eight American law firms have closed or have announced that they will be closing their offices in Greater China.
All eight firms, Sidley Austin, Weil Gotshal & Manges, Latham & Watkins, Perkins Coie, Proskauer Rose, Akin Gump, Strauss, Hauer & Feld, Orrick Herrington & Sutcliffe and Winston & Strawn, sit within the top rungs of the Am Law 100.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Goodwin Procter Relocates to Renewable-Powered Office in San Francisco’s Financial District
Morgan Lewis Closes Shenzhen Office Less Than 2 Years After Launch
12-Partner Team 'Surprises' Atlanta Firm’s Leaders With Exit to Launch New Reed Smith Office
4 minute readLaw Firms Mentioned
- Proskauer Rose
- Sidley Austin
- Skadden, Arps, Slate, Meagher & Flom LLP
- White & Case
- Winston & Strawn LLP
- Akin Gump Strauss Hauer & Feld
- Cleary Gottlieb Steen & Hamilton
- Dentons
- Davis Polk & Wardwell
- Gibson, Dunn & Crutcher
- Kirkland & Ellis
- Paul, Weiss, Rifkind, Warton & Garrison
- Orrick, Herrington & Sutcliffe
- Simpson Thacher & Bartlett
- Weil, Gotshal & Manges
- Herbert Smith Freehills LLP
- Latham & Watkins
- Mayer Brown
- Perkins Coie
Trending Stories
- 1Pro Hac Vice in Georgia: Rule Change for Nonresident Attorneys
- 2The Benefits of E-Filing for Affordable, Effortless and Equal Access to Justice
- 3AI and Social Media Fakes: Are You Protecting Your Brand?
- 4A Primer on Using Third-Party Depositions To Prove Your Case at Trial
- 5‘Catholic Charities v. Wisconsin Labor and Industry Review Commission’: Another Consequence of 'Hobby Lobby'?
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
