Network Firm News
Japanese lawyers scramble to protect their walled garden from outsiders
Sheona Dote -- Special to The Asahi Shimbun -- 12/23/02
As Japan, the world's second-largest economy, undergoes a period of intensive restructuring and large-scale bankruptcies, few places in the world are more in need of a plentiful supply of experienced and highly skilled business-minded attorneys. Instead, what Japan has is a pitiful number of lawyers, most of whom work solely as litigators, and a legal market so strictly regulated that foreign lawyers have to jump through hoops to get a piece of the action.