The Yuan

by: Joshua Flagg

Posted on April 16, 2012 at 7:04 PM

As mentioned in the Wall Street Journal today, China has taken new steps to loosen restrictions on the range in which the yuan trades against the US dollar.  The Chinese Central Bank still maintains a relatively tight grip on the yuan by setting a daily "parity" rate for trading the yuan against the US dollar.  China un...

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by: Shayne Barr

Posted on March 16, 2012 at 2:03 PM

Ironic that U.S. Free Trade Agreements—emphasis on “agree”—invariably rile bilateral dispute.  Will a foreign presence dominate domestic markets?  Will steep tariffs and strict regulations frustrate fruitful commerce?   These predictable rumblings peaked after October’s ratification of the South Korea-United States FTA ...

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Asia Year in Review: 2011

by: Dawn P. Robertson, Esq.

Posted on December 23, 2011 at 9:12 PM

Below, we have outlined some of the hiring trends that we have observed in 2011. In December alone, Cypress has been contacted by more than 8 firms to work on retained partner-level searches and open offices next year. We are expecting the number to increase even more as we enter 2012. Can these firms compete as lateco...

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UPDATED: Leverage Firms’ Willingness to Negotiate, Get the Best Expat Package in Asia

by: Joshua Flagg

Posted on December 16, 2010 at 7:12 PM

Following the last two years of salary freezes and lowered bonus structures, ex-pat packages in China and Japan have become a hot topic among U.S. and U.K. attorneys looking to relocate from the U.S. and U.K. to Asia. The top firms have weathered the economic crisis just fine according to data gathered by ALB Legal News...

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Japan's New Work Visa System


Posted on June 30, 2010 at 3:06 PM

Starting in July 2012, as part of an effort to overhaul its immigration system, Japan will abolish the Alien Registration Act. In its place, the amended Immigration Act will manage the corresponding issues and information of the Alien Registration System for foreigners working in Japan. Though the new law has been passe...

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Living Large No More for Expats


Posted on July 14, 2009 at 7:07 PM

Let me paint a picture for you. It’s 2008, and you’re an expatriate working in Hong Kong. You receive a hefty housing allowance of US$6,000) a month, your employer, a top international law firm, is paying for your kids’ education at the best international school in the area. Weekends are filled with free trips home to t...

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You Can Keep Your Bonuses, Hong Kong Lawyers Get to Defy Gravity

by: Richard

Posted on December 9, 2008 at 6:12 PM

Each city has its own special perks for young lawyers.  New York has the theater, the cultural events and the bars open on each side of your block as you stumble out of work at midnight.  California has the flip-flops at work.  Chicago has…well, I’m sure they have something (yes, I have my favorite cities and I’m sticki...

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