By Jessica Seah | April 29, 2024
If the firm chooses to shutter its Shanghai operation, it will have just its Hong Kong office left in Asia.
By Jessica Seah | April 25, 2024
The sole legal advisers to issuers on many Hong Kong Stock Exchange IPOs are Greater China-based law firms. Big Law can't compete with Chinese firms on fees and justify the low margins that come with the listings, which are much smaller than the billion-dollar deals they handled in the past.
By Kasvi Sehgal | April 8, 2024
On the same day that A&O and Shearman announced the promotions, Latham confirmed it had lured Daniel Sinaiko, who was a co-chair of an A&O U.S. energy practice.
By Jessica Seah | April 2, 2024
KPMG Legal isn't the only Big Four firm to pull back investments in Hong Kong, EY did the same earlier this year.
The American Lawyer | Analysis
By Lisa Shuchman | April 1, 2024
It's getting increasingly difficult to operate a law firm in Greater China, writes The Global Lawyer. How long can Big Law last?
The American Lawyer | Analysis
By Jessica Seah | March 31, 2024
American law firm brands have not penetrated the Southeast Asian market in the same way that American consumerism has. It's a brand issue. And it's also a commitment issue, writes Law.com International Asia Editor Jessica Seah in this bimonthly column.
The American Lawyer | Analysis
By Jessica Seah | March 27, 2024
Increasing regulatory scrutiny can mean more billable hours for a small group of legal advisers but for most, the "uninvestable" U.S.-China status is worrisome.
By Jessica Seah | March 27, 2024
Weil joins a growing line of top U.S. law firms that have closed offices in mainland China as the fractious geopolitical relationship between the U.S. and China and the prolonged market downturn force the world's top-performing law firms to reconsider their investments in China.
By Lisa Shuchman | March 22, 2024
The market downturn in Asia has forced many international firms to cut back on their operations in the region, especially in Greater China. In the past year, Latham & Watkins, Perkins Coie, Proskauer Rose, and Akin Gump Strauss Hauer & Feld have all shuttered offices in mainland China.
The American Lawyer | Analysis
By Jessica Seah | March 21, 2024
Asia is no longer cheap and the region's markets are mature enough that firms scoping out opportunities must first do their homework, and do it carefully. If they don't, they may not last, Jessica Seah writes in the Asia Legal Briefing.
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