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  #16947 (permalink)  
Old 06-06-2022, 12:58 AM
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Originally Posted by Unregistered View Post
Don't be stupid. Clearly the squeeze is real but they're not going to shut down. At most, there will be consolidation.

Most of the Big 4 still dominate high(er) end local work and should be safe so long as Singapore law work is protected. Even Drew corporate, which is like comparatively less top-tier than the other 3.

It's the unremarkable, crappy, mid-tier local law firms with their subpar service levels and unprofitable partners that should be afraid. Quite a number of these firms shouldn't be around - they should either fold or consolidate for survival. Just a matter of time.
How about CRE? My impression is that would be one area where “Singapore law” would be “protected”, so to speak.
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