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For foreign firms, the Japanese legal market has been a very expensive roller-coaster ride. U.S. firms rushed in during the economic boom of the 1980s, and then sharply cut back as it came to an ugly end. Now the rules are changing again, with the reversal of a long-standing policy barring foreign firms from directly hiring Japanese lawyers. And Morrison & Foerster's decade of growth in Tokyo now looks like a model for the future.
December 04, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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