U.S. law firms, however, are more circumspect.

They see that, in contrast to the riches the WTO agreement bestows upon foreign businesses, foreign law firms get very little, and in fact have some things taken away from them. “In terms of the restrictions we operate under, it’s not a win-win for lawyers,” says Nicholas Howson, the partner in charge of the Beijing office of New York-based Paul, Weiss, Rifkind, Wharton & Garrison.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]