Category: Asia Legal News

India virtually closes the door to entry of foreign law firms

The much awaited verdict of the Supreme Court of India was pronounced recently which virtually closed the door for entry of foreign law firms. The Government has drafted an updated defence policy which seeks to increase foreign […]

Asian law firms prominent at Israel’s 4th Foreign Law Firms conference

Israel’s 4th annual foreign law firms conference took place on February 26 in Tel Aviv. Organized by Robus Legal Marketing in association with the Tel-Aviv District of the Israel Bar Association, the conference brought together over 400 […]

Global Corruption Index Dampens India’s Governance

The Central Government’s financial budget was announced wherein some foreign investment related policies were mentioned. There were changes proposed for foreign portfolio investors. The Indian Prime Minister declared India to be one of most open economies in […]

Sweeping Changes to India’s FDI Policy

2018 began with a bang for foreign investors as India made multi-fold changes to its FDI Policy. The IMF also forecast India would become the fastest growing economy in 2018 and 2019. The Bar Council of India […]

Asia-Pacific Investors: How to Avoid Legal Risks When Investing In California

What Legal Risks Do Foreign Investors Take When Expanding into an Overseas Market? If you’re running your own business and it’s been doing great in your own country, you might have looked into expanding its current reach […]

India’s Indigenous Progress

As 2017 draws to a close, the Indian Government’s initiatives on ‘Make in India’ seems to have made significant progress in one industry. The labour law reforms undertaken by the Government in the last three years have […]

30 People to Watch in the Business of Law in Asia in 2018

As we approach the beginning of 2018 — Asia Law Portal continues its’ tradition begun in 2015 and followed up in 2016 and 2017 — of naming 30 people to watch in the business of law in […]

India’s All-round Improvement & Crowning Glory

There were landmark achievements by India this month. The most prominent being the phenomenal jump in its World Bank Ease of Doing Business Rankings. India’s credit rating improved. Internally, the GST rates of a large number of […]

Will India Move Up in the World Bank Rankings?

The Government of India continues to take steps to improve ease of doing business in India. Various reports have been published by the media recently reflecting an expected improvement in the World Bank’s ranking for India, due […]

Nominations now open for 30 people to watch in the business of law in Asia in 2018

In January of 2015 Asia Law Portal published the inaugural annual: 30 people to watch in the business of law in Asia in 2015 and in 2016 published: 30 people to watch in the business of law in Asia in 2016.  […]

India: FDI Policy Boosts Start-ups

India’s consolidated foreign direct investment policy was finally issued recently. The real estate sector is attracting significant foreign investment. Following up on last month’s activities, there was a further development relating to entry of foreign law firms […]

Second Regional Law Firm Management Forum set for Singapore, Nov 3, 2017

The Australasian Legal Practice Management Association (ALPMA), along with the Law Council’s Australian Law Management Group, held its inaugural Regional Law Firm Management Forum in Singapore late last year.  The Second Regional Law Firm Management Forum is […]

US law firms face possible roll-back of South Korean legal market access

As the Washington Post reported last week, U.S. President Donald Trump is contemplating withdrawing the United States from the Korea-U.S. Free Trade Agreement (KORUS).  As the Office of the United States Trade Representative (USTR) details on its website, […]

International Bar Association (IBA) now offering Executive LLM on global legal issues

The International Bar Association (IBA) and King’s College London are now collaborating to offer an Executive LLM focused on preparing students to confront some of today’s most challenging global legal issues. In-house and private practice lawyers can […]

Why is Africa becoming so important for Asian law firms?

Are you considering Africa? Asia? The opportunities for law firms are abundant. It is well known that China is Africa’s largest economic partner with reportedly an approximate growth of 20 percent per year across all sectors bringing […]

Indian Prime Minister Pushes For Entry of Foreign Law Firms

The activities relating to entry of foreign law firms in India gathered pace this month as the Government actively took initiatives. The biggest impetus to keep the momentum going was the Prime Minister’s views and directives to […]

LexisNexis continues to help advance the rule of law in Asia-Pacific

Looking across the global landscape today, it’s not hard to see the serious and often severe challenges facing society, particularly for the four billion people living outside the umbrella protection of the rule of law. As a […]

In-house Associations HKCCA and ACC Form Alliance to Better Serve Hong Kong Legal Community

Though in-house lawyers may work across dozens of industries and for hundreds of different companies, their concerns, challenges, and goals share more similarities than differences. Peer-to-peer networking opportunities, education focused specifically on the needs of working in-house, […]

Chief Justice of India Inclined Toward Entry of Foreign Law Firms

India’s fast track regime for FDI approvals has become a reality now with the publication of the standard operating procedures in this regard. An additional condition has been proposed in Mauritius which will add to the compliance […]

India: Fast Tracking FDI approvals

India is moving towards a fast track regime for FDI approvals. The Government has initiated the process for creating standard operating procedures in this regard. FDI, being a critical factor, has contributed to improving India’s balance of […]

The Impact of third party funding on Hong Kong as a centre for International Arbitration

As recently as 14th June 2017, Hong Kong became the latest jurisdiction to permit third-party funding in international arbitration by passing legislation to amend the Arbitration Ordinance (Cap. 609). The amendment is likely to take effect later […]

Modi’s Third Anniversary Achievement – India Retains Top FDI Recipient Rank

India was able to retain its top position in greenfield foreign direct investment (FDI) by beating China and the United States for the second year in a row. The Government’s continuous efforts to improve the FDI climate […]