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We’re not looking to hire [additional] people in London because of the status of sterling.
We wouldn’t say we’re going to start hiring in London rather than New York or Tokyo because sterling is falling.
— Farmida Bi, global chair and chair of Europe, Middle East and Asia at Norton Rose Fulbright, in comments given to the American Lawyer, on how the firm is navigating the ever-fluctuating value of local currency in the UK. Bi went on to say that with its large presence in London, Norton Rose has been actively recruiting there for quite some time, and it has nothing to do with sterling’s current value.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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