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Instant Insights / Law Firms in China Refocus as Legal Business Shifts

Ten years ago, opening offices in Hong Kong and mainland China was the “it” strategy for many Big Law firms, as the country’s economy began to mirror Western capitalism. At that time, much of the investment was flowing in to China, with law firms eager to snag real estate work, IP matters and manufacturing deals. Today, there’s still work to go around, but much it is centered on outbound investment. In this Instant Insights, we show which firms are adapting to the changes in an era of slower growth, political tension and rising financial barriers.

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Hugh Hefner Hugh Hefner Photo: Joe Seer/Shutterstock.com

Playboy magazine founder Hugh Hefner didn’t just leave behind his wife Crystal Harris, a series of past girlfriends and the famed Playboy Mansion grotto when he died Wednesday at age 91. His death also marked the end of an era for a crowded hutch of corporate lawyers who have represented his company over the years.

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