Hong Kong's legal community becoming internationalized

The recent merger of local law practice Koo & Partners with Paul Hastings reveals a growing internationalization of the Hong Kong legal community.

When it was announced earlier this month that Koo Partners was to merge with the US firm of Paul, Hastings, Janofsky Walker Paul Hastings, eyebrows were raised. What were the ties that bound together a large US corporate law firm with a much smaller Hong Kong financial services practice Both firms can answer this question with one word China.

The US is the world's largest economy and China is the future. Linking the two together means that there will be lots of business opportunities, says Donald Koo, founding partner of Koo Partners.

In essence, Koo felt that his firm had to face up to the fact that Hong Kong's growth will have to come...

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