To Ride Chinese M&A Wave, Firms Need More Than An Office

Law360, New York (September 12, 2012, 8:00 PM EDT) -- Against the backdrop of a worldwide recession and ongoing European debt crisis, China has upped its outbound mergers and acquisitions activity fivefold since 2005 to $63.1 billion last year, according to new research from Squire Sanders, signaling a long-term trend that will require law firms to field multifaceted, culturally savvy teams to cash in on the evolving deals market.

"It's all of the above. In addition to just having a physical office [in China], firms need people who understand [Chinese clients'] cultural background, really understand their...
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