Firms Eye Asia, Latin America For Growth

Law360, New York (December 27, 2010, 12:43 PM EST) -- With only a modest amount of growth predicted for the U.S. legal market in 2011, the hot spots for expanding firms will be the up-and-coming economies of Asia and Latin America — and the resource-rich countries that will feed their demand, experts said.

“Generally speaking, I think the recovery will continue to be slow,” said Peter Martyr, group chief executive of the global firm Norton Rose LLP. “I don’t think we’ll see a huge uplift in business.”

In the year ahead, the so-called BRIC countries —...
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