The recent boom in corporate work in emerging markets has provided a lift for law firm finances at a time when work levels in other areas have cooled. The background to this report is set against the growing jurisdictions around the globe that will be targeted by international corporates, and therefore international law firms, as places to do business.
If we look at the main emerging markets around the world, the BRICs and the Middle East are places where there is increasing demand for business – but few international firms with local branches/presence.
