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Around a year ago, law firms were already grappling with the challenge of keeping their members, particularly the younger generation, engaged, motivated, and committed. However, the advent of a groundbreaking new technology, in the form of generative artificial intelligence (Gen AI), has added another significant variable, presenting both risks and opportunities.
Major PRC law firm Han Kun Law Offices has hired capital markets lawyer Bonnie Yung as a partner in Hong Kong from Mayer Brown.
The pandemic might be (almost) over, but the sense of unease remains strong in Asia’s legal industry. While life might have returned to normal, and supply chains appear back on track, the region is continuing to experience uncertainty over slowing global economic momentum, tightening monetary policy affecting credit growth, and lingering concerns about inflation. China’s seemingly irreversible economic decline is also hanging heavy.
US firm becomes latest to leave the city though its joint venture in the region will continue
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