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2013 Q1 International Market Update
February 11, 2013
Last year brought a slowdown in China’s growth, and with it, significant questions about the future of the legal market in Greater China. With lateral hiring more sporadic than 2011, the question on everyone’s mind in 2012 was whether China’s market would ever return to its buoyant ways, and if so, when? Beijing’s response, outlined in its 12th Five-Year Plan, has been embraced by many as a pragmatic and effective answer to this question, and while it’s still early, the significant uptick in lateral activity we have seen in the first quarter signals a clear indication that the markets are responding positively...
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