A law firm business adviser recently told me that the "old white guys" are being phased out of top foreign law firms in Hong Kong. By "old white guys," he meant senior partners, both Caucasian men and women, who were tasked to set up and lead Hong Kong outposts for international firms decades ago. A part of me thinks this is old news, but his statement prompted me to do some fact-checking. I wanted to see how far along that "phasing out" process has gone.