In the latest turn of events for the BigLaw industry’s presence in China, renowned law firm Perkins Coie LLP has announced plans to close their Shanghai office. The decision, which echoes similar actions taken by several other large law firms in the country, will immediately affect two lawyers and two patent consultants, as confirmed by Law360 Pulse.
This development marks a continued trend in the BigLaw sector of reassessing Asian market operations amidst changing business landscapes.