Cowen Group Blog - Litigation Support Staffing & Consulting

Tuesday, June 13, 2006

How Do You Say "Litigation Support" in MANDARIN?

Demand for Litigation Support to Exceed Supply—in China
Did you know that China is a hot-bed of stem cell research—and trademark infringement? What about the continent-wide use of generations-old coal burning energy plants—and the massive personal tort and toxic emissions global litigation that will follow? Business is booming in China, so lawyers are lining up for language lessons in Cantonese and Mandarin.

As a litigation support professional, why do you care? Because demand for expert litigation support is about to exceed supply--again. Skadden, Cravath, Davis Polk, Baker Botts, Sherman & Sterling—all have a deep presence in China already, with more footprints and acquisitions to come. Did I mention the explosion of IPOs and deals being done in China? Latham & Watkins, and Vinson & Elkins account for no less than nine already. Demand for expert litigation support in China will only continue its phenomenal rise, exceeding supply and—if I remember my Econ. 101—driving prices up and up for litigation support professionals like you.

What's more, increased demand will offer you more options than ever, and meaningful choices in your career. In this climate you can choose to work in-house or to consult; you can continue to work for your AmLaw 200 firm—at its footprint in China or the Pacific Rim. You may plant yourself in one of numerous Fortune 1000 companies already there; rack up frequent flyer miles as a consultant with KPMG, E & Y, or Deloitte; or replenish your miles working for any one of the rapidly proliferating in-country consulting firms and legal software vendors.

New Hot Spots China and Pacific Rim Offer Unprecedented Opportunity
China and the Pacific Rim will be the undisputed Hot Spots of 2007-'08. Business and financial periodicals—from the Wall Street Journal and Financial Times to Business Week to The New York Times—report a daily tally of 30 openings more than there are lawyers to fill them. The same will be true of litigation support positions many times over, and global firms are already painfully aware that indigenous supply can't meet this demand.

So firms will have to dip into the global talent pool. And for those litigation support pro's who can think out of the box—and beyond the shores—these are prime conditions. Conditions that will continue to drive demand for talent, keep upward pressure on salaries, and offer unprecedented career opportunity and control.

Can you say "dot-pst files"? in MANDARIN??
[No? Click here ! ]


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