Credit: Alex Po / AdobeStockIn Today’s Cutthroat Market, Regions Need a Business Case
Whether or not a law firm is steadfastly ‘global’, leaders are scrutinizing their geographical spread much more closely, writes the Global Lawyer.
December 09, 2024 at 08:01 AM
4 minute read
By the late 1970s and early 80s, offshoring to China had become an established financial imperative. Besides its cheap, military-grade workforce, white-collar jobs were being shuttled across too. It was on this tide of movement that global law firms saw their opportunity.
By the mid-80s Paul Weiss Rifkind Wharton & Garrison had an office in Beijing; Clifford Chance, Linklaters and Freshfields joined Slaughter and May in Hong Kong, serving both inbound and outbound investments.
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