(Credit: Pixels Hunter/Adobe Stock) China Disappoints Again and Again. Big Law Is Hoping to Find Opportunity Elsewhere
Most law firms aren't abandoning Greater China—yet. But patience is wearing thin. If the Middle Kingdom fails to deliver, what will be Big Law's next kingdom?
October 01, 2023 at 07:35 PM
8 minute read
The Global Lawyer
Only a few decades ago, law firms based in the U.K. and the U.S. couldn't move into China fast enough. Driven by opportunity, hunger, and yes, greed, they launched offices in Hong Kong, Beijing and Shanghai, brought in partners, hired associates, and some for a time even made money.
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