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
The number of Hong Kong-registered lawyers at the largest foreign law firms in the city has steadily declined over the past year.
Law.com International has been tracking head count figures at 20 of the largest foreign law firms in Hong Kong via the Hong Kong Law Society website. All legal practitioners with active practicing certificates who wish to dispense legal advice or provide legal services in Hong Kong must be registered with the local Law Society.
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