Hong Kong. Credit: e X p o s e/Shutterstock.com For Global Firms, Practicing Local Law in Hong Kong Is a Worthwhile Challenge
Locke Lorde's recent decision to shutter its Hong Kong office offers an opportunity to examine what the market offers to global law firms.
February 02, 2021 at 01:00 AM
4 minute read
Locke Lord's recent decision to shutter its Hong Kong office brought the number of Am Law 100 firms that exited the market in 2020 to three. Last May, I wrote in this column that finding the right practice and committing to it with the right people was key to succeeding in a competitive market such as Hong Kong's. There was an important part of the equation that wasn't quite discussed in that piece: local law. And Locke Lord is—or, rather, was—a good place to have that discussion.
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