Wilmer Cutler Pickering Hale and Dorr LLP is set to become the 12th U.S. law firm in the past 18 months to shutter its office in Greater China, a move reflecting broader shifts within the legal landscape in the region. The closure, anticipated to be finalized by the end of November, will result in Wilmer having no offices in Asia. This development comes amid a growing trend of Western law firms recalibrating their presence in China due to various economic and geopolitical factors.
The legal industry has been witnessing a series of retrenchments in Greater China as firms reassess their strategies in a challenging environment. For further information on Wilmer’s decision, please visit the original article.