Global Legal Post reports
Magic Circle UK firm Linklaters is reducing its Greater China legal workforce in response to what it describes as a “prolonged downturn” in the China market.
The job losses will affect all three of its offices – in Beijing, Shanghai and Hong Kong – with 30 roles understood to be affected.
Linklaters has one of the largest legal teams of any international firm in China. According to its website, the current headcount stands at 220, of whom 38 are partners, alongside 16 counsel.