Recently regarded as regional also-rans next to U.S. and U.K. global players, Australian firms have been raising their profiles in the past year. They could aggressively expand in Asia's biggest markets, but that would mean going toe-to-toe with wealthier U.S. and U.K. firms that have already made large investments in offices and practices in the region, not to mention rising local firms. Teaming up with global firms may be their ticket in, but would their loss of independence be too high a price to pay?
Australian Firms Building Bridges to China, via London
The American Lawyer
October 8, 2009