Surveying the Asia Markets

 

Here we sit in Hong Kong, midway through our semiannual review and survey of the major law firm market here. While we normally have someone on the ground here in Hong Kong, only twice a year are both authors of this column in town gathering and compiling the latest and greatest information about who is hiring, who is firing, and what people expect for the future. Given the state of the current global economy and most U.S. legal hiring markets, we were somewhat anxious about what we might find as a result of this survey. We know that our business has seen positive trends this year in Asia, but a valid survey needs to include data not only on our business, but the overall hiring picture for our clients. We are pleased to be able to report, preliminarily, that things look good. While we have detected a note of caution among some of our clients, the outlook on the whole is positive. Most firms remain busy, even if not at as frenetic a pace as in 2007.

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Surveying the Asia Markets

 

Here we sit in Hong Kong, midway through our semiannual review and survey of the major law firm market here. While we normally have someone on the ground here in Hong Kong, only twice a year are both authors of this column in town gathering and compiling the latest and greatest information about who is hiring, who is firing, and what people expect for the future.

Given the state of the current global economy and most U.S. legal hiring markets, we were somewhat anxious about what we might find as a result of this survey. We know that our business has seen positive trends this year in Asia, but a valid survey needs to include data not only on our business, but the overall hiring picture for our clients. We are pleased to be able to report, preliminarily, that things look good. While we have detected a note of caution among some of our clients, the outlook on the whole is positive. Most firms remain busy, even if not at as frenetic a pace as in 2007.

More >>

Tags:  Asia | Hong Kong

Law Firms on Facebook?!

Last month it was announced that Curtis, Mallet-Prevost, Colt & Mosle had made it to the social networking site “Facebook”, as the first major law firm to do so. But, other firms are now being represented on the site, not by the law firm itself, but by its associates. They are becoming members of their firm’s Facebook group. These group can be made anyone, not necessarily by the firm’s leaders. One of the most noticeable law firm groups is more like a fan club: “I’m in love with MoFo!” It is reasonable to assume that this trend will become even more popular amongst big law firms.

Source: www.abajournal.com

The 50 Best Law Firms For Women Attorneys

Flex-Time Lawyers and Working Mothers Magazine released the second annual survey Tuesday, containing the 50 best law firms for women. The survey takes many factors into account, including: work-life balance, retention of female attorneys, family accommodation, and mentoring opportunities for women. This year, the survey has had increased participation with 115 firms taking part, up from last year’s 85. Ten New York law firms made the cut, four of which are repeats from last year’s list. The survey found some interesting results: an outstanding 98 percent of the top 50 firms host networking programs for female lawyers, 68 percent provide mentoring for senior female associates and 62 percent offer management training for women attorneys. Almost all firms surveyed have some type of flexible and/or part-time work schedules, paid parental leave and outreach programs that include women attorneys who opt to stay home during their children’s formative years with help in maintaining bar association memberships and CLE credits. This survey may play an integral role of maintaining and reaching suitable working conditions for female lawyers for years to come.

Source: www.nylawyer.com

Tags:  New York