Slaughter and May mulls launch of US practice in Hong Kong

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  • Slaughter and May launching US law practice, requiring it to make lateral hires. Double wow. I'm sure the firm will have no trouble making really good quality laterals but you can't help thinking that it's held off on going down this route a little too long. Its 'it's our strategy and we're sticking to it come what may' mantra looks just a little bit hubristic now.

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  • This is all the proof I need. It's official. The top of the market has arrived and the Hong Kong bubble is about to burst.

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  • @ anon | 24-Sep-2012 2:18 pm - The Hong Kong bubble has already burst. Big crash is coming.

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  • What bubble? Hong Kong has always been a very volatile market. Any one who's been there long enough will know the market has had many ups and downs, and it always bounce back, although sometimes it may take longer than other times. However, it's true that the salary levels of some US partners are certainly artificially inflated and will probably come down... Firms with the right strategy, patience and right staffing structure will be fine.

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