Baker & McKenzie and Reed Smith will further extend their global footprints, with Bakers looking at another low-cost offshore base after its success in Manila while Reed Smith has today (21 January) announced a new launch in Kazakhstan with the hire of one partner each from Morgan Lewis and White & Case.
Bakers, which launched its captive offshore support centre in Manila in at the turn of the millennium, is ‘exploring options for replicating the model in other jurisdictions’ but at this time has no set timetable.