Japan’s top law firm, Nishimura & Asahi, is making strategic changes to position itself as an international player in the legal industry. Not simply a Japanese entity, the firm, which is part of Japan’s “Big Four”, intends to expand its client base in U.S. and Europe to secure a larger proportion of Asia-bound legal work and to lead in cross-border deal mandates. With the increasing amount of legal work flowing into Southeast Asia, this is a strategic move.
This ambitious international outlook has motivated Nishimura to adopt a foreign law joint enterprise structure; this is a first for any of Japan’s Big Four firms. This new enterprise architecture allows Nishimura to employ and elevate foreign-qualified lawyers to equity partners. This is an essential facet to building the talent required to effectively service a broader U.S and European client base for work in the Asia region.
For more detailed information on Nishimura’s international expansion plans, refer to the full article on Law.com.