What is the state of mind among foreign firms operating in China? What are their main concerns about the market and how are their Chinese counterparts faring?
If you are still seeking the answers, look no further. This week, The Lawyer’s industry commentator Robert Lewis provides an illuminating insight into some intimate discussions among 12 leading international firms and four top Chinese firms at a recent gathering.
Questions posed covered foreign firms planning to open offices in the Shanghai Free Trade Zone, should we expect consolidation among leading Chinese firms and who has serious problems collecting fees from Chinese clients on outbound projects?
The high-level summary of some of the questions and responses given is a vital indication of prevailing market conditions and trends in China.
Also on TheLawyer.com:
- Heavyweight King & Wood Mallesons Hong Kong partners, Larry Kwok and Conrad Chan, are leaving with a clutch of associates to set up their own firm
- Fountain Court is to launch an office in Singapore in early September, after appointing former Rajah & Tann litigation partner Kanaga Dharmananda as a member of chambers
- industry commentator Robert Lewis is planning to open an office in Silicon Valley in July, mainly targeting intellectual property related work
- And our weekly round-up of who’s moved where in Asia