As pay surges for job-hopping associates, some warn the Hong Kong bubble is set to burst. Jessica Seah reports
In an old joke, heaven is defined as having a wife, cook, house and salary of different nationalities. Depending on the teller, the cook might be Chinese or Italian, the wife Indian or Japanese, but the salary is usually American. US firms’ big push into Hong Kong law practice over the last two years has now given more lawyers in the Chinese territory a shot at that particular slice of heaven.
