Singapore has been beating HK hands down for years on this front. The politics of now aren’t going to improve things unless you are looking for arbitration around politically satisfying the mainland.
The SCMP reports..
Law Society and Hong Kong International Arbitration Centre reject suggestions overseas firms are considering shunning city’s dispute resolution services
They insist city remains a key hub for the industry despite reports that clients are looking elsewhere following national security law, 2019 protests
An influential lawyer association and a leading arbitration centre have defended Hong Kong’s reputation as a global hub for dispute resolution, dismissing reports that overseas companies are considering turning away from its legal services.
The Law Society and Hong Kong International Arbitration Centre spoke out following a Financial Times article published last week which reported that 10 large law firms across Asia were experiencing a rise in client queries on whether they should still look to the city for such services.
“Hong Kong has been and remains one of the most popular seats for international arbitration,” said the Law Society, the city’s professional body for solicitors.
The statement added Hong Kong had always benefited from the presence of world-class legal professionals, quality services and well-established systems and legislation.
