Japan eases restrictions for foreign law firms

May 13, 2010 Japan’s Ministry of Justice has announced plans to ease the restrictions upon foreign law firms operating within the country, allowing them to establish corporate bodies and to establish multiple offices within Japan.

The presence of major manufacturing operations in Osaka may make the city an attractive location for new offices, but there are some who doubt that the regulatory change will have a significant impact. Many believe that international law firms would have a hard time staffing an office in Osaka, because the top talent tends to stick to Tokyo for lifestyle reasons.

Read more at asia.legalbusinessonline.com.

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