Linklaters, Hogan Lovells, Ashurst and Clifford Chance are all planning to significantly ramp up their Asian operations as increasing numbers of U.K. and U.S. firms look to capitalize on the region’s growth potential.

Linklaters is hoping to increase the amount of fee income it generates in the Asia-Pacific region to nearer 20 percent of global revenues over the next four years, up from 12 percent to 13 percent at present.