Global Legal Post
Paul Weiss is set to shutter its Beijing office by the end of the year, becoming the latest in a slew of Big Law firms to scale back their China presence.
Paul Weiss first opened in Beijing in 1981, in a move it said made it one of the first foreign firms to establish a presence in mainland China. Its closure will leave the firm with bases in Asia in Hong Kong and Tokyo.
“We will close our Beijing office at the end of the year,” a spokesperson for Paul Weiss said in a statement. “We remain committed to having a strong presence across Asia, including in Hong Kong and Tokyo, and will continue to provide the highest-quality service to our clients in all of our global offices.”
The firm, which has more than 1,000 lawyers globally, currently has four lawyers based in Beijing according to its website – M&A and private equity partner Xiaoyu Greg Liu, one counsel and two associates.
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