This Has Been Obvious For Years….

 

U.S. Law Firms Face Tough Reality in China  says report in Asian Lawyer….

We’d suggest the writing has been on the wall for the last decade

Asia Law Reports (Subscription)

U.S. law firms are reassessing their China strategy. Some are laying off lawyers and partners. Some are shifting focus. Others are pulling back or even shuttering their doors in Hong Kong and Beijing.
http://www.international.law.com/id=1202783088513/US-Law-Firms-Face-Tough-Reality-in-China