Hong Kong legal social media entrepreneurs gaining traction
I met Stephen Lai, Managing Director of Hong Kong-based Conventus Law, in the eclectic Sheung Wan section, blending traditional and modern, located a mile away from Hong Kong’s gleaming office towers, where he spearheads Hong Kong legal social media. A former Associate Publisher of Euromoney Legal Media […]
Malaysian legal market opening to foreign firms
As Star Online reported from Kuala Lumpur, the Malaysian Parliament The Dewan Rakyat passed the Legal Profession (Amendment) Bill of 2012, which will soon allow foreign lawyers to open offices and practice law in Malaysia. What practices will foreign law firms be permitted to establish? Lee Shih, Partner in […]
Hong Kong, China gateway: An interview with Deacons Executive Partner, Jeremy Lam
Introduction Hong Kong is both a gateway into China, but also as a superb conduit for Chinese outbound foreign investment. As the China Daily reported recently, echoing a sentiment expressed earlier this year by Deacons Executive Partner Jeremy Lam in an interview in BusinessWeek. During the first […]
India’s legal industry growing rapidly
India’s legal services industry is growing at a rate of about 40% per annum”, according to a report by Daisy Khanna, of KPO Consultants, a New Delhi-based consulting company which provides business solutions exclusively to the Legal Process Outsourcing (LPO) industry. While driven in large part […]
Opportunities for Korean law firms -US bilateral trade
The Inter-Pacific Bar Association Annual Meeting begins tomorrow here in Seoul – and I thought this would be a good opportunity to outline in particular what opportunities exist for lawyers in Korea and the US to capitalize upon the growing bilateral trade relationship between the US and Korea. Some background […]
Chinese law firm Yingke enters the Israeli legal market – what’s next?
The Lawyer magazine (UK) has reported that one of the Chinese law firm, Yingke – has entered the newly liberalized Israeli legal market. The Lawyer reported that Yingke “merged with Israeli boutique firm Eyal Khayat Zolty, Neiger & Co, for its. The first step into the jurisdiction. The local […]
Latin America–Asia bilateral trade growth offers law firms new opportunities
The high growth and increasingly mutually engaged economies of Latin America and Asia offer significant new business development opportunities to law firms and other professional services firms – provided they put in place and execute plans to effectively secure new cross-border business. Latin America – Asia bilateral […]
Law Firms in Korea: Foreign Firms Can Now Tap into South Korea’s Lucrative Legal
As a result of two recent landmark free trade agreements between South Korea, the European Union and the United States. The South Korean legal market will now be open for American and European law firms. According to Ranajit Dam’s article in Asian Legal Business, South Korea’s […]
Impact of Asian legal market liberalization outlined at Seoul conference
The panel discussion at the Inter-Pacific Bar Association Annual Conference in Seoul, Korea last week focused on the impact of legal market liberalization on specific legal jurisdictions in the Asian legal market. Lawyers practising in India, Singapore, Malaysia, Hong Kong, and Korea made presentations highlighting the […]
Projected Growth of Law Firms in Asia: Market to Double by 2017
Projected 6-7% growth in Asia’s legal services sector over the next 7-8 years will transform the global legal market’s composition and structure, as per Hodgart. This growth presents a significant opportunity for Law Firms in Asia to expand and tap into the rapidly expanding market. Hodgart […]