06/09/06
Asia predicted to become the number one international legal market
According to legal market experts, Asia has become a booming market for top firms looking to expand globally. 2006 has seen a steady growth in the number of American and British firms opening new offices in Asian territories.
Among the firms branching out into Asia are U.S.-based Simpson Thacher & Bartlett and Kirkland & Ellis, who are currently applying for local operating licenses in Hong Kong. While the former has acquired local firm Fangda Partners, the latter has plans of opening for business by the end of 2006. In addition to U.S. and U.K. firms, leading French firm Gide Loyrette Nouel has successfully secured an operating license in Hong Kong and is now eyeing a new office in Beijing to be launched in August.
Baker Donelson joins with Chinese organization
Memphis' largest law firm, Baker, Donelson, Bearman, Caldwell & Berkowitz has allied with the Chinese National Development and Reform Commission (NDRC). Together, they plan to counsel Chinese and foreign companies on investment matters.
Baker Donelson opened a Beijing office in 2001 and, since then, has represented various Chinese companies in government affairs, direct investment and joint venture matters. NDRC is responsible for formulating economic and social development strategies in China and reports directly to the State Council, the highest administrative body of China.
Law firm pro bono efforts rewarded
The Supreme Court has selected three firms as recipients of this year's annual John Adams Pro Bono Publico awards.
Marion E. Broidrick, Esq. and Lawrence A. Zalis, Esq. received honors for their work on behalf of the Barnstable Action for New Direction program. Heisler, Feldman, McCormick & Garrow was honored for its efforts on the Hampden County Pro Bono Housing Project. Samuel B. Moskowitz, Esq., partner of Davis, Malm & D'Agostine also received an award for his work with the Attorney for the Day project in Boston Housing Court and with the Pro Bono Committee of the Boston Bar Association.
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