In the past 20 years, U.S.-based law firms have gone global, opening offices in places like London, Warsaw, Doha, and Ho Chi Minh City, in attempt not only to service U.S. clients that have expanded their international reach, but to pick up new foreign clients as well.
Has the strategy worked? Perhaps. But a survey to be released next week concludes that U.S. firms might not be doing as well as they could be. The study reveals that a “surprising” number of in-house lawyers prefer to seek counsel in other countries, according to this article in Corporate Counsel.
According to the CC article, the survey that suggests that many global companies would rather be advised by British firms than by U.S.-based ones.
via Study: Internationally, U.S. Law Firms are Lagging Behind – Law Blog – WSJ.
