Reposted by Maggie Lewis
Why are foreign law firms leaving China or drastically shrinking their presence there?
Lawyers and scholars @donaldcclarke.bsky.social, @margaretklewis.bsky.social, Katherine Wilhelm, Mark Cohen, and Rachel Stern explain for @chinafile.bsky.social:
chinafile.com
Behind the Exodus of U.S. Law Firms from China
In early December, U.S. law firm Paul, Weiss, Rifkind, Wharton & Garrison announced plans to close its office in Beijing. In 1981, Paul Weiss became one of the earliest foreign law firms to open an of...