MOVES IN HONG KONG SHOW U.S. FIRMS’ CHALLENGES AND OPPORTUNITIES

Highlights:

• Two US firms contradicted each other recently about the markets of Hong Kong.
• Orrick, Herrington, and Sutcliffe decided to close its office in Hong Kong after 15 years whereas Steptoe and Johnson LLP has opened a new office in the city.
• Hong Kong is the favorite location of law firms in Asia.

Two US firms contradicted each other recently about the markets in....