In an ongoing trend among several law firms in 2023, Winston & Strawn has elected to close its doors in Hong Kong. This move is attributed to a slowdown in the transactional market and persistent political tensions in the region. The complete details remain behind a paywall.
While many businesses and firms appear to be winding down in Asia, others are choosing to establish or enlarge their presence. For instance, the New Jersey-based legal firm Scura Wigfield Heyer Stevens & Cammarota, LLP made professional announcements here. Simultaneously, ShapiroCroland Attorneys announced the new joining of Valerie A. Vladyka as counsel, concentrating on Insurance coverage, Commercial Litigation, and Probate Matters. That announcement and details can be found wrapped in the November 2023 issue.
Other noteworthy professional shifts included Richard Segal’s ascension to the role of Chairman of the Miami Beach Chamber of Commerce, as revealed by the Daily Business Review here.
These professional shifts, ranging from company closures to individual advancements, indicate the continuous fluctuation and navigation through current market conditions and political landscapes in the world of law.