Economic Crisis Shifts Asian Spotlight to Litigation

Economic Crisis Shifts Asian Spotlight to Litigation
Much of the information in this article is anecdotal, but it is not surprising. As the large, integrated, global firms see the traditional business of their foreign offices dwindle due to the current economic uncertainties and lack of transactional business, they are being faced with hard choices about what to do with these expensive offices. Not surprisingly, they are trying to adapt them to the available business and to new opportunities, which often means a radical departure from previous traditional business mix. This raises some interesting questions, because this new business also appears to require a different staffing mix than the traditional transactional staff mix. It will be interesting to see how this plays out.