Credit: Dragon Claws/AdobeStock Foreign Law Firms in Hong Kong Cut Head Counts; the 20 Largest Firms Trim 5% of Lawyers in 12 Months
Senior partners have been encouraged to retire early, while capital markets and M&A teams also have been cut as deal work dries up. A Law.com analysis of Hong Kong Law Society data shows just how dramatic those cuts have been over the past year.
September 24, 2024 at 07:01 PM
5 minute read
Law Firm Management
The number of Hong Kong-registered lawyers at the largest foreign law firms in the city has steadily declined over the past year.
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