One of the key findings in this year’s The Lawyer Asia Pacific 150 was that while international firms have been reassessing their positionsin the Asia Pacific region, local firms have been going for growth.
One firm that is looking to buck that trend is Squire Patton Boggs. The firm, which was formed by the June merger of US players Squire Sanders and Patton Boggs, has just bulked up its Tokyo office with the addition of three-partner firm Mamiya Law Offices.
Though the deal is not a big one – three new partners and two associates bring the firm’s Tokyo office headcount to just under 40 – it does underline the importance of Asian markets to the expanded firm’s strategy. It is no surprise that with eight offices across the region Squire Patton Boggs is one of the largest international firms in The Lawyer’s Asia Pacific table.
One of the biggest independent outfits in Asia Pacific, Zicolaw, is also in expansion mode. The firm, Malaysia’s largest, has just added Laotian firm Vientiane Law Co to its network, meaning it is now present in every ASEAN country except the Philippines and Brunei.
From humble beginnings above a Kuala Lumpur bicycle shop, the firm is ranked as one of the fastest-growing in this year’s Asia Pacific 150. With an integrated ASEAN Economic Community due to be created by 2015, will expansion into the Philippines and Brunei be next on its list?
Also on TheLawyer.com:
- Economic growth is cooling but China’s legal market shows no sign of slowing
- US and regional firms are loosening UK firms’ grip on the Hong Kong market
- Singapore’s firms are flexing their muscles to become go-to regional players
- And, a prolonged period of tough trading conditions has forced a rebalancing in the top end of the Australian legal market
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