Law firms should get ready for globalisation proper
Sometimes you have to look very hard to spot trends affecting the legal services market. Sometimes, like this week, you don’t. Many of the stories in this week’s issue illustrate this ill-concealed trend: Lovells launches a nine-firm China alliance; Norton Rose secures one of its largest ever corporate mandates in Asia; pre-Dewey LeBoeuf launches in Hong Kong; and Ashurst recruits for its India practice. Clearly, emerging markets, in the broadest sense of the word, matter like never before for legal advisers, particularly China, India and the Middle East.
