Last year, Locke Lord’s five-year-old Hong Kong office broke even for the first time. In a tough market where many international firms struggle to make money, firm chair Jerry Clements says she find the office’s performance both surprising and pleasing.
“We didn’t expect it. We expected to have another loss last year,” says Clements. “For a relatively new office that has only been up and running in full bloom for about three years, we are very pleased. Clements says she attributes the firm’s success in Hong Kong to two things: finding the right people to do the right work and being cautious in expansion.
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