Twenty five and counting

25 years ago Milbank Tweed opened its first office in Asia. FinanceAsia.com catches up with the law firm''s global managing partner, Mel Immergut, to reminisce over what has happened over the years.

You are celebrating 25 years in Asia this year. How do you think the legal market has changed in that quarter century

Immergut In the last 25 years we've seen great cyclicality. We have seen ups in some parts of the region and downs in other parts. But the changes that have taken place in our practice have really been accentuated in the last two or three years. We have seen the type of work that we do change dramatically.

Right now the two major practices we are most active in are private equity and non-performing loans. That is totally different from the situation two or three years ago. Private equity has always been...

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