Originally Posted by Unregistered

That's generally going to be the path our legal market will develop I think. In HK, the only top tier local independent firm is essentially Deacons. All other high value legal work is taken up by the international firms. Local firms are small or midsized boutiques or litigation outfits.

But then HK never allowed room for local firms to develop because it was a British jurisdiction for so long. SG is slightly different due to our protectionist measures.

My prediction is that in 10 years, almost all the top 10 to 15 firms here would have merged with international ones.