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The 2020 Global 200, with rankings by revenue, head count and profits per equity partner, as well as stories about the state of the legal market in select regions of the world.

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China-US tension Credit: Shutterstock.com

For years, Chinese law firms have enjoyed exceptional growth in both head count and financials. To a large extent, that growth continued in 2019. But as geopolitical tension intensified and deal volume plummeted, the weight of an economic downturn finally caught up with firms. Even before the novel coronavirus hit the nation in early 2020, for the first time in many years growth at Chinese law firms was slowing down.

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Anna Zhang

Anna Zhang is the Hong Kong-based Asia Bureau Chief for Law.com International. She writes about lawyers and legal issues across Asia. Her coverage includes the business of law, global and domestic law firms, in-house legal departments and regulatory issues. She can be reached at [email protected]

 

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