Fancy being a partner? You might just need to hop on a plane and head for Asia.
As we report in this week’s Asia-focused Behind the Law, many of the world’s largest firms are beefing up in the region not just through laterals but also through the increased use of internal talent.
The trend coincides with the all-too-predictable decline in total numbers of partner promotions. Linklaters, which announced its annual partner promos yesterday, made up three fewer partners in 2014 than the previous year but Beijing scored two while Bangkok, Singapore, Hong Kong and Beijing added a partner each.
Allen & Overy revealed in February that it had promoted 16 lawyers across its global network, its smallest partnership promotions round in years. However Hong Kong received a disproportionate boost of three new partners while Australia added two.
The talent pool at the top may be shrinking, but the Asia contingent continues to grow and grow.
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