Category: Asia Legal News

Rashtrapati bhavan new delhi

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 to be published shortly. There are other areas and […]

Modern skyline kuala lumpur

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.  In 2017: 30 people to watch in the business […]

Street environment

What opportunities exist for foreign investors in the Maldives?

As the Maldives Mission to the European Union details on its’ website:  “Foreign Direct Investments (FDI) has always played a crucial role in the economic development of the Maldives. The Government acknowledges the importance of foreign investment and continues to recognize its importance for economic development […]

Great view of supreme court

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 in India. And a very important decision relating to […]

Esplanade theatres on the bay

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 now set to take place Friday November 3, 2017, […]

Gyeongbokgung

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, KORUS entered into force on March 15, 2012, with […]

St paul's cathedral

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 advance their careers As King’s College London website details, […]

Bridge path nairobi kenya

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 with it incredible opportunities for established firms as well […]

Narendra modi

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 enable the Government machinery to expedite. Some major changes […]

Veronica

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 company, the LexisNexis core mission to advance the rule […]

Wong deon

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, and resources tailored to corporate practice are invaluable in […]

Courthouse

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 for companies routing their FDI into India through the […]

Taj mahal

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 payment. The growing importance of India can be gauged […]

Wan chai

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 this year, giving time for a code of conduct […]

Indian prime minister narendra modi

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 in the last year have achieved desired outcomes. As […]

Rashtrapati Bhavan

India’s Law Commission Frames Rules to Recognise Foreign Lawyers

The Supreme Court has expressed its concern over unsatisfactory regulatory mechanism governing the advocates and observed in a case that there was an urgent need to review the provisions of the Advocates Act, 1961. The Law Commission of India, a body which looks into legal reforms, […]

Taj hotel mumbai

Legal services disruption in India: Risks and opportunities

For those lawyers and legal services sector professionals about to gather in Mumbai for IDEX Legal’s Asia Law Firm Management Congress (ALFMC) April 20th – thoughts of legal market liberalization and change hastened by technology are taking center-stage. But what do these things mean?  And what […]

Front view india gate

India Beats Demonitisation to Remain Fastest Growing Economy

India remains the fastest growing economy notwithstanding the predicted contraction due to demonitisation last November. This fact was also recognized in the recent elections in five states, where BJP was a winner in four states. The party at the centre, BJP was able to secure the […]

Taj mahal

India: Budget Boost for Foreign Investment

Foreign Investment got a fillip in the Union Budget presented by the Finance Minister, Arun Jaitley earlier this month. It marked the best budget-day gain for Indian stocks in 12 years, with the Bombay Stock Exchange’s (BSE’s) benchmark Sensex gaining 1.74% to close at a three-month […]

India Sixth Great Power in 2017

While the Indian economy seemed to have recovered from the demonitisation drive, the year began on a promising note with India making it to the sixth position in a global list of top eight great powers in 2017. Although political parties are gearing up for upcoming […]

Datuk lawrence thien

Malaysia’s Chief Justice and Bar President express support for NewLaw

Chief Justice Tun Arifin Zakaria said allowing more tasks to be done online – from online filing for criminal matters and appeals to online bidding on auctions – would improve accessibility and better serve the public. “The E-bidding system will make the process more transparent and […]

Big law novel front page

New book “Big Law” “exposes the secrecy, deception, and machinations” underlining powerful mega law firms

A new novel entitled “Big Law” was published today by author Rob Liebman (@RonSLiebman) and publisher Penguin Random House.  Big Law, as the novel’s website details, “exposes the secrecy, deception, and machinations” underlining powerful mega law firms.  John Lescroart, in review of Big Law, described it […]