2016: the Five Chinese Major Forecast Development Trends of the Legal Services Market--Part Two
Ⅲ. Growth of opportunities in the trading area
In 2016, compared to the litigation, the law firm will invest more in the trading business. Driven by the high-end market, the momentum of global mergers and acquisitions is still strong. Although the total number of transactions that announced has not yet reached the summit in 2007, tens of billions of dollars of transactions amounts is the highest ever recorded.
It can be predicted that law firms have the transnational strength and rich trading business benefit from the growing super large transactions, other law firms will be affected by the decline in future trading volume.
Except for mergers and acquisitions, law firm leaders can also find opportunities in other business areas. Network security and data privacy are likely to continue to be high growth opportunities areas as customers respond to the growing risk of personal information. In fact, the firm is also facing the risk like that, it worthy a lot attention.
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