Category: Asia Legal News

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, […]

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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 […]

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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 […]

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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 […]

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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 […]

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India becomes World’s Fifth Largest Economy

India beat all forecasts to become the world’s fifth largest economy way ahead of the 2020 prediction. The growth of the economy is led by Government initiatives like ‘Make in India’ and surging foreign direct investment. Fifth Largest Economy – India was finally able to overpower […]

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30 people to watch in the business of law in Asia in 2017

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

6th Annual Private Equity and Venture Forum set for Jakarta April 27, 2017

The 6th Annual Private Equity and Venture Forum set to take place April 27, 2017 at the Mandarin Oriental, Jakarta, Indonesia. For 6 years the AVCJ Indonesia Forum has been the premier meeting place for the leaders of the alternative investments industry in the region. From […]

Ms. Kathy Gong, Chairwomen

Legal Startup ai.Law set to deploy “an army of robotic lawyers” in China

Beijing-based legal startup ai.Law was established on China’s Youth Day, May 4, 2016.  To date — the new company has completed its angel round of investment.  Ms. Kathy Gong Xiaosi, the Founder & CEO of ai.Law, is a serial entrepreneur who was also once China’s youngest […]

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New book “Law for Startups” to introduce entrepreneurs to fundamental legal issues

The book “Law for Startups” is being released in the Malaysian market this month. Authored by experienced corporate lawyer Marcus van Geyzel (who was named as one of Asia Law Portal’s 30 people to watch in the business of law in Asia in 2016, and is […]

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What is the current state of the legal recruitment market in Asia? A Q&A with GRMSearch

GRM was recently named the Best Legal Recruitment Agency of the Year in Hong Kong.  What did the awarding agency see in GRM as a unique competitive advantage? (Rob Green, CEO, GRMSearch) We actually retained the title! 2015 and now 2016 saw GRM crowned Best Legal […]

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How US Law Firms in Asia may be impacted by American trade protectionism

As the American Lawyer detailed in a recent article, US President elect Donald J. Trump has said he would impose a 45% tariff on goods manufactured in China and declare China a currency manipulator.  He also threatened to withdraw America from the World Trade Organization (WTO). […]

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Meisterline launched in Hong Kong: Seeks to “decode how legal experts think”

Hong Kong-based Dr. Peter Macmillan is the Founder & CEO of Meisterline Analytics, developer of the Meisterline Index™, a unique, science-based lawyer rating service that uses cognitive analysis to measure the expertise of legal specialists.  He recently founded Mesterline with an aim to decode (and measure) […]

India: Government Withdraws Currency to Choke Parallel Economy

In a bold move, India’s Prime Minister demonetized certain currency notes earlier this month. This announcement sent shockwaves throughout the country and took everyone by surprise. However, despite the numerous hardships most citizens seem to be favouring the move in anticipation of long-term gains for the […]

China poised to assume trans-Pacific trade leadership role

US Congressional leaders announced yesterday that they would not now consider ratifying the Trans-Pacific Partnership treaty (TPP), effectively ending the accord.  The agreement, negotiated over a 7-year period between economies in Asia (not including China), Latin America, the United States and Canada — and which encompasses […]

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Why the future looks bright for online legal services in Asia

“Legal services utilising the internet and online technologies are here to stay”, according to a recent article by Peter Frankl in Legal Practice Intelligence. Frankl explains how categories referred to as “Online Legal Services, Online Law Firms and Online Lawyers are still nascent” — and that […]

Nominations now open for 30 people to watch in the business of law in Asia in 2017

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.  As 2017 approaches, Asia Law Portal is welcoming […]

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Italy, the new economic Renaissance comes through APAC

In recent years Italy has launched a new season of important structural reforms involving economic, financial and administrative initiatives in order to deeply renew the country. In this context, the ambitious new “industrial plan 4.0” 2017 deserves to be mentioned, as a new “tool” aimed to […]

Legal startup legistify seeks to make the law accessible in India

India’s legal market represents an enormous opportunity for legal startup entrepreneurs.  With a Gross Domestic Product (GDP) of 1.877 trillion USD (2013) it ranks as “the seventh-largest economy in the world measured by nominal GDP and the third-largest by purchasing power parity.” As in other economies in the […]