The story of international law firms in Asia has long been all about transactions — infrastructure financings, foreign investment and, especially in recent years, blockbuster public offerings of mainland Chinese companies. But with capital markets in Hong Kong, Tokyo and Shanghai now as moribund as those in London or New York, a number of firms are finding an unexpected bright spot in the region: litigation.
Linklaters announced last week it would relocate senior litigation partner Tom Lidstrom from London to Hong Kong in January, and other firms are also gearing up for an Asian disputes uptick as well.
