The UK Law Gazette reports
Latham & Watkins is closing its Shanghai office amid a slowing economy and a crackdown on western businesses operating in China. The firm will now run mainland China services from Beijing.
The closure, following the expiry of an office lease, will end a near 20-year presence for Latham in China’s main financial centre.
A Latham spokesperson said: ‘Since we opened our offices in Mainland China, our regional model has allowed us to draw on a deep bench of lawyers with very significant experience in the region. We have a strong track record in China and across Asia, and we are confident that we have the resources, expertise, and market knowledge to serve our clients effectively from a consolidated hub in Beijing.’
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