Lawyers worldwide expect Donald Trump's second term as U.S. president to bring heightened trade tensions, an intensification of the U.S.-China rivalry, and a lot of work for Big Law.

"The last Trump administration was probably one of the most intense and busiest times we've seen. He generates a lot of work for lawyers in all jurisdictions," said Jesse Goldman, a Toronto-based competition and trade partner at Osler Hoskin & Harcourt.