CONTENTS
9
50
DEPARTMEN TS
4 EDITOR’S NOTE
OPENING STATEMENTS
7 Japan
The Meltdown This Time
9 Hong Kong
A Woman of Mystery
10 Hong Kong
It’s Such a Hardship
11 Australia
Perth Hits the Spot
ON THE COVER:
Illustration by Dongyun Lee
28
12 Hong Kong
Time for Taking Chances
12 Singapore
Taking on Asia
13 The Churn
15 BIG DEALS
50 BULLY PULPIT
Former U.S. trade
representative Charlene
Barshefsky on China’s
explosive growth since
joining the WTO.
By Debra Bruno
• WINTER 2012
Skadden’s Paul
Mitchard QC
moved to Hong
Kong in 2009 to
build the firm’s
arbitration practice
in Asia.
FEATURES
18 Sidelined
As dealmaking action shifts
to China, the biggest thing
to hit the Tokyo legal market
this year was the earthquake.
Time for Western firms to
say sayonara?
By Anthony Lin
28 The Out-of-Towners
International arbitration
is on the rise in Asia,
but so far U.S. firms are
keeping their distance—
geographically, at least.
By Ben Lewis