When U.S. law firms first started making major pushes into Asia in the 1990s, there were really only two markets that mattered.

“Fifteen years ago, our biggest practices were focused on China and Indonesia, and Indonesia was not a far second,” recalls Alan Schiffman, the Hong Kong-based head of the Asia energy practice for Skadden, Arps, Slate, Meagher & Flom.

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