Why UK firms are bucking the trend to downsize in Asia amid HK IPO boom

Why UK firms are bucking the trend to downsize in Asia amid HK IPO boom

When CMS picked up a nine-lawyer team from BCLP this August, it represented the end of the transatlantic firm’s foray into Asia.

BCLP’s offices in Hong Kong and Singapore are expected to close completely in the coming weeks, after the firm announced earlier this year that it would be pulling out of the region.

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