There were strong signs of recovery in the latter part of 2020, particularly in China where COVID-19 first took flight.
December 17, 2020 at 06:59 AM
1 minute read
The original version of this story was published on Law.com International
On the back of political unrest in Hong Kong and the COVID-19 pandemic starting in Mainland China it was not surprising that the Asian legal services market had a rough start to the year.
A number of law firms imposed cost-cutting measures including layoffs and salary cuts. Many firms also put on hiring freeze and suspended expansion plans, resulting in a slow lateral recruitment market with few notable hires.
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