In recent years the thriving industrial markets inAsia have encouraged the legal profession to advance and take advantage of the lucrative opportunities available.
India and China have become increasingly important as foreign firms continue to ramp up in China. Meanwhile, over the past 18 months, UK and US firms have been poised at the starting line, ready to set up in India when the laws are relaxed to allow foreign firms to set up offices on the ground.
Herbert Smith and SJ Berwin have both developed strategies to enable them to be ready for deregulation in the market, recruiting trainees from top Indian universities aiming to strengthen ties with India.
This Far East and India Special Report examines both the booming China legal profession and the move towards deregulation in India. It also reviews the changing regulatory environment in Japan.