Partner Watch

by: William Wesley

Posted on December 18, 2012 at 2:12 PM

The global economy faces a number of short and long-term challenges in Europe and elsewhere.  That said, legal activity remains buoyant in Asia and there are many outstanding opportunities for partners considering a move as firms open new offices, replace departing partners or implement strategic hiring initiatives.Acco...

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China's Regime Change

by: Dawn P. Robertson, Esq.

Posted on December 8, 2012 at 12:12 AM

For some time now, China, as the world’s second-largest economy and burgeoning superpower, has been executing their generational change in leadership and results were unveiled in mid November.  Many thought the composition of the Standing Committee might signal China’s continued liberalization and globalization or a ret...

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Asia: Finding the Right Recruiter

by: Dawn P. Robertson, Esq.

Posted on November 22, 2012 at 12:11 AM

Foreign firms are starting to proactively approach foreign universities seeking attorneys for their China offices. US and UK firms have always been eager to bring over bilingual expats from the US, UK and AUS. Over the last few years, firms have been increasingly focusing on attorneys with exposure in the US, UK or AUS,...

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Expat Compensation: 2012

by: Joshua Flagg

Posted on November 9, 2012 at 12:11 AM

With top firms having weathered the economic crisis, these firms are now continuing to offer competitive packages in Asia in order to attract and retain top legal talent. Firms remain committed to the Asian markets, investing resources into their foreign offices, hiring or promoting partners, and offering competitive re...

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The Indian Government officially recognizes China and Hong Kong as Jurisdictions

by: Sujin Park

Posted on October 2, 2012 at 8:10 PM

On March 19th, the Indian government decided to officially recognize China and Hong Kong as jurisdictions to which the New York Convention would apply. This means that arbitrations awards obtained in China, Hong Kong and Macaus will now be enforced in India under the New York Convention. This decision is crucial to the ...

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Update: Reform on Chinese Patent Law

by: Audrey Yung

Posted on September 6, 2012 at 4:09 PM

The People’s Republic of China’s State Intellectual Property Office  (SIPO) released a proposed fourth amendment of the Chinese Patent Law for public comment.  Components of note in the amendment include increasing SIPO’s power to administratively enforce patent law (in comparison to judicial enforcement), and increasin...

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Strong Revenue Growth to come from China in the Future

by: Kavita Maini

Posted on July 23, 2012 at 9:07 PM

PricewaterhouseCoopers’ new survey presents an optimistic outlook with foreign banks predicting their annual revenue growth to reach 20% or more by 2015. About 17 banks forecast revenue growth of more than 30% by 2015 with CEOs’ stating that regulatory approval to underwrite bonds will be the most important driver for f...

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Asia is the hot spot for private equity growth

by: Serhan Ayhan

Posted on July 16, 2012 at 9:07 PM

Based on a report from Celent, a New York-based financial IT consultancy, private-equity funds in Asia will experience better growth than those in Europe and the United States, a result from different approaches to regulation.The consultancy has tracked how regulation in the three regions has altered the industry’s rest...

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East Asian Trilateral Agreement

by: Serhan Ayhan

Posted on July 9, 2012 at 7:07 PM

In May, leaders from China, Japan, and South Korea agreed to begin serious negotiations on a trilateral free-trade agreement. By combining the world’s second, third, and twelfth largest economies, such an agreement would rival the European Union and the North American Free Trade Agreement, and thus redraw the global tra...

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South Korea Update: What Does the KORUS Hold For US and UK Law Firms

by: Serhan Ayhan

Posted on July 3, 2012 at 7:07 PM

South Korea’s economy has prospered, seeing a $2.2 million trade surplus in April and $2.4 million in May since the KORUS free trade agreement was signed.US firms such as Cleary Gottlieb and Paul Hastings were among the first to announce thDLat they would be opening Seoul offices following the FTA.The trade deal has alr...

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