All posts by John Grimley

John Grimley edits and publishes Asia Law Portal. An independent writer & editor, he's the author of: A Comprehensive Guide to the Asia-Pacific Legal Markets (Ark Group 2014).

Singapore poised to become capital-raising hub for Myanmar companies

Singapore is playing an emerging “role as a magnet for Myanmar companies eager to grow as their country emerges from decades of isolation but frustrated by its crippled banking system and barely existing financial markets.  Lawyers and financial advisors who work closely with Myanmar firms say […]

U.S. Law Firms Facing Competitive Challenges in China

As Yun Kriegler outlined recently in The Lawyer, after spending ten years in Asia, U.S. law firm Vinson & Elkins decided to close its Shanghai office. In July 2013, the Houston-based firm announced that it will shut down its three-partner office to consolidate its China practice […]

The state of private equity in Asia in 2013

According to Ms. Julia Leong, Hong Kong’s Under Secretary for Financial Services and the Treasury, who spoke at the 12th HKVCA China Private Equity Summit on June 11 of this year, “the private equity industry is now a key player in Asia’s evolving financing landscape.” Ms. […]

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Russian nuclear power investments in Vietnam an opportunity for lawyers

As the Voice of Russia recently reported: “Vietnam’s power industry plans to build 13 nuclear power units with an overall generating capacity of 15 gigawatts by 2030″.  Vietnam.net outlined: “The nuclear power market in Vietnam at present is estimated to be worth about $10 billion and is […]

Foreign law firms “flying into” Singapore

Singapore’s central location in the high-growth ASEAN region, it’s status as a safe financial hub and the increasing ease by which foreign firms can access the country, has led to a recent increase in the influx of foreign law firms. A super high-growth legal market According […]

US law firms set their sights on Asia

Phil Bolton of Global Atlanta reported yesterday that “With its acquisition of a California firm completed and the opening of a new office in Korea, the law firm of McKenna Long & Aldridge LLP will be increasingly committed to international work and focusing even more intently on […]

Will Hong Kong’s law firms adapt to new competition?

LegalWeek.com reported this week that Australia-based fixed-fee law firm AdventBalance “has brought its unconventional business model to Hong Kong with the opening of an office in the city”. The firm “seconds senior lawyers to clients’ offices for specific projects and transactions; agreeing a fixed payable amount for the […]

Myanmar’s first investment bank reflects the regions opportunity for professional services firms

The opening of the Myanmar economy to international trade and the democratization of the country have been widely reported around the world in recent months. As the New York Times reported: “After years of stagnation, change is coming to Myanmar at a rapid pace.  Since taking office […]

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Legal social media entrepreneurs gaining ground in Hong Kong

The Sheung Wan section of Hong Kong is an eclectic mix of the traditional and the modern – about a mile from the city’s gleaming office towers.  It’s here that I met Stephen Lai, Managing Director of Hong Kong-based Conventus Law.  A former Associate Publisher of Euromoney Legal Media Group(titles […]

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Malaysian legal market opening to foreign firms

As the 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 […]

Hong Kong, China gateway: An interview with Deacons Executive Partner, Jeremy Lam

Introduction Hong Kong’s 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 half of […]

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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 by India’s LPO […]

Opportunities for law firms in Korea-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 […]

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Chinese law firm Yingke enters the Israeli legal market – what’s next?

The Lawyer magazine (UK) has reported that one of China’s largest law firms, 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 first step into the jurisdiction. The local firm has rebranded itself […]

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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 […]

South Korea’s lucrative legal market opens to foreign firms

As a result of two recent landmark free trade agreements between South Korea and the European Union and the United States, the South Korean legal market will now be open for American and European law firms. South Korea is the 4th largest market in Asia and […]

Impact of Asian legal market liberalization outlined at Seoul conference

The impact of legal market liberalization upon specific legal jurisdictions in Asia was the subject of a panel discussion last week at the Inter-Pacific Bar Association Annual Conference in Seoul, Korea. Lawyers in the midst of these changes which are bringing new competitive pressures upon regional domestic markets highlighted the […]

Asian legal market set to double by 2017

The Asian legal market is set to double by 2017, making it the world’s second largest regional market.  That’s what delegates from around the world attending the Inter-Pacific Bar Association’s (IPBA) 23rd Annual Conference in Seoul were told today (Wed April 18, 2013) by Alan Hodgart, a London-based consultant to […]