Category: Law Practice Management
The fastest-growing law firm in the Asia-Pacific region. An interview with Lachlan McKnight, CEO, LegalVision
Australia-based LegalVision has helped more than 150,000 businesses with cost-effective and efficient legal services since it was founded in 2012. Recently recognized by the Financial Times as the fastest-growing law firm in the Asia-Pacific region – LegalVision was also recently named NewLaw firm of the Year […]
How Australia’s Hall & Wilcox has adapted to the changing legal services landscape. An interview with Managing Partner Tony Macvean
Hall & Wilcox is a leading independent Australian law firm that’s been in business for more than 100 years. In this interview with Asia Law Portal, the firm’s Managing Partner, Tony Macvean. He outlines the unique ways the firm has adapted to the changing legal services […]
Who knows what the future will hold?
Looking at the past to work through the Covid-19 crisis
The current state of legal innovation in New Zealand. An interview with Andrew King, Founder, LegalTechHub
Andrew King is one of the core connectors of the legal tech industry in New Zealand. The founder of LegalTechHub (a portal for legal tech in NZ), the founder of e-discovery and legal innovation consultancies. And the organizing force behind LawFest NZ. In this interview with […]
Black Swan Alert! – Covid-19 and what senior partners should be doing right now to survive
As a senior leader in the industry I hope you will find the article below helpful. It is by Paul Smith, former Chairman of Eversheds Sutherland and co-author. Its intention is to assist law firm executives at a time of crisis with some tried and tested […]
Executing your law firm business development plans during the coronavirus outbreak
Like a hurricane that swept across the world, the COVID-19 pandemic has drastically changed our lives. It is fair to say that most of our lives right now are different when compared to 2020 beginning. Case in point: Most of you are probably reading this at […]
New online community for legal marketing and business development professionals launched. An interview with William McLaughlin, Managing Member, BD Roundtable
In February, 2020, Bangkok-based legal business development professional William McLaughlin launched BDRoundtable.com. A private online community for legal marketing and business development professionals. In this interview with Asia Law Portal, McLaughlin details what inspired BD Roundtable’s creation and what’s in store for its’ future. He also […]
The unique value proposition of document automation platforms for law firms and the general counsel. An interview with Malik Anwar, Director of Asia operations, Clarilis
Legal technology business Clarilis recently opened an office in Singapore, appointing industry veteran Malik Anwar as Director of Asia operations. In this interview with Asia Law Portal, Anwar outlines the value proposition of document automation platforms to law firms and the general counsel. Clarilis’ future plans […]
Law firm marketing – Making sense of puzzling propositions
In the legal profession, traditionally a lot of business ‘walked-in’ based on the reputation of the Firm or due to equity created by some prominent lawyers in the firm. However, with intense competition among Firms that have similar kinds of talent pool and increase pricing pressure […]
A book review of “The Real Deal: Law Firm Leadership That Works” by Paul Smith and Sally Dyson
Lawyers generally have an inbuilt scepticism regarding any form of coaching. Which imposes a high bar on authors targeting an audience of busy managing partners. The Real Deal: Law Firm Leadership That Works by Paul Smith and Sally Dyson. It vaults over that bar with consummate […]
Some law firms in Asia are now accepting virtual currency
As Wong Joon Ian has reported in The Business Times: “The future of money is built in Asia” — noting that in excess of $1.8 billion dollars in cryptocurrencies are traded on Asian exchanges ever day — representing almost 60% of the world’s daily crypto trade […]
How Reed Smith is globalizing innovation initiatives. An interview with Adam Curphey
Global law firm Reed Smith recently appointed Adam Curphey as Innovation Engagement Manager. Curphey’s focus is working “with the firm’s lawyers, Practice Innovation and IT development teams to implement ideas to drive internal efficiencies, as well as identify collaboration opportunities with Reed Smith’s clients to deliver […]
How Withers KhattarWong LLP is navigating Singapore’s highly competitive legal market: An interview with Managing Partner Deborah Barker
After a lengthy collaboration and formal alliance between Withers LLP and the former KhattarWong LLP, Withers KhattarWong LLP came into being in early 2019. The alliance has created the second largest law firm in Singapore, offering a full range of legal services to corporations, institutions and […]
Tricky tactics and quirky questions: how to find a lawyer that’s the right fit
Should we be adopting the mindgaming exploits of Meryl Streep’s character Miranda Priestly in “The Devil Wears Prada”, to find out if your candidate is the best fit for your team? The menacing fashion editor’s interrogatory questions renders Anne Hathaway’s character almost speechless in the famous […]
Funding boost and award win for Australian legal tech company
Brisbane-based legal technology company Lawcadia announces that it has recently raised $1.3 million in a pre-Series A round from a number of private investors and Artesian, a leading Australian alternative investments and venture capital firm.
Whither private practice?
Smarter Law: Transforming Busy Lawyers into Business Leaders by Trevor Faure Book Review (Part 2) Forgive me for starting on a negative note but the chances are that many of you are unlikely to get beyond the third paragraph of this article, less likely still to pull […]
New legal tech company CodeLex aims to streamline the practice of law
Legal technology company CodeLex is a developer of legaltech projects as part of the Irbis Ventures (formerly ‘M Lab’) ecosystem. Incorporated in Mongolia and Singapore, and with a core team based in Ulaanbaatar, Singapore and Tokyo, CodeLex projects aim to streamline and add value to the […]
Melbourne to host the 2019 ALPMA Summit this September!
2019 ALPMA Summit: Road Map to Transformation – Move Forward with Confidence
India Renewed Interest in Entry of Foreign Law Firms
The discussion around entry of foreign law firms in India was resurrected recently. The economic slowdown is now even more glaring with ADB and IMF further lowering their respective April 2019 growth forecasts, which, together with the forecasts reported by World Bank and Fitch last month, […]
Competitive Threats & Opportunities for Law Firms – Innovim Group Analysis
Australia-based John Chisholm is a widely recognized strategic advisor to law firms on pricing and strategy – based on his decades of experience as managing partner for both law and accounting firms. A Fellow of the College of Law Practice Management and a Distinguished Fellow of the […]
Legal Technology: The General Counsels (GC) Conundrum
The General Counsel (GC) is changing from a legal expert and risk mitigator to a business enabler. The best of this new breed of GCs are agile, on the ground, close to the business, and engaged up-front with their organization’s design and technology teams, enabling them […]
Asia’s changing legal market and the strategies to adapt: An interview with Eric Chin of Alpha Creates
Asia’s legal market is changing and who better to know what strategies firms might deploy to adapt to these changes than Melbourne-based Eric Chin, who helped co-found Alpha Creates in January of 2019. A long-time strategic advisor to the legal services sector, Eric also coined the […]
Legal Entity Management – Beyond Compliance
Introduction Recently corporations, regulators and the public have been embroiled in fierce debates about CO² emissions, money laundering, and the OECD’s BEPS initiatives. All of these have involved risk to the reputations of hitherto highly respected organizations. Now entity management compliance is coming into the public […]
Law business structures – challenges in ASEAN
In 2014, the IBA commissioned a mammoth report on Global Cross Border Legal Services that comprehensively covers information about over 90 countries and 160 jurisdictions on the regulation of the domestic and cross-border legal practice. What the report confirms is the transformation of legal practice, and […]
Book Review: “SMARTER Law: Transforming busy lawyers into business leaders” – by Trevor Faure
“I cannot say this too strongly: Do not compare yourself to others. Be true to who you are, and continue to learn with all your might.” Daisaku Ikeda, Buddhist Philosopher, as quoted by Trevor Faure. Trevor Faure, self-defined as ‘part-translator-part-interlocutor’ between the legal and performance improvement […]
Lawyers are from Mars: Marketing People are from Mercury OR the importance of cognitive diversity in law firms
“We always did feel the same we just saw it from a different point of view. Tangled up in blue.” Bob Dylan In preparation for taking on a new marketing and business development role at an international law firm (this was after I accepted the position […]
Barriers to funding arbitration in Hong Kong dismantled
Hong Kong’s lawmakers kicked off the process of permitting the third-party funding of arbitration as far back as 2013, even then recognising the anachronistic nature of the prohibition. It has taken nearly six years for us to reach this point, but from February 1st the funding […]
Elevate Acquires Cognatio Law, Launching Operations in Hong Kong
Flexible lawyering provider Cognatio extends Elevate’s global capabilities in Asia Pacific market
Robotic Process Automation (RPA) and the Asia-Pacific Legal Industry
The Financial Times Innovative Lawyers report for the Asia-Pacific region substantiates a “sense of growing maturity among the region’s law firms”. It goes without saying that major projects in the corporate world, particularly projects including parties external to the Asia-Pacific, call for legal expertise. As a […]
Law As A Process: How Process Design Defines Value, Delivers Efficiency, and Drives Business Strategy
KorumLegal’s proprietary Korum Process Methodology (KPM) focuses on helping law departments “do more with less” by applying the best practices of Lean, Six Sigma, and Agile methods to the delivery of legal services in the APAC region. Legal process management approach in North America vs APAC […]
The significance of Artificial Intelligence in unlocking innovation for legal practice
Almost all over the world, scholars believe that future business growth will happen only if data is used intelligently. The handling of significant volumes of data, the requirement of extra resources and the need for speed to conduct business have all helped increased the demand for […]
Litigation Funding in Asia – Where are we now?
Last year saw a swathe of reforms and proposed reforms in Asia in relation to litigation and arbitration funding. In January 2017, Singapore’s parliament passed the Civil Law Amendment Act and the Civil Law (Third Party Funding) Regulations 2017. Hot on Singapore’s heels, in June 2017, […]
Third Regional Law Firm Management Forum set for Singapore, Oct 19, 2018
The Australasian Legal Practice Management Association (ALPMA) along with the Law Council of Australia’s Law Management Group will hold the third annual Regional Law Firm Management Forum on October 19, 2018, in Singapore at the Mandarin Oriental Hotel. The Singapore Academy of Law is the event […]
Work life balance across Asia – and how things are changing
South Korea is well-known across Asia for its long hours and ‘workaholic’ culture. According to statistics from the Organisation for Economic Cooperation and Development, South Korean employees worked for an average of 2,024 hours in 2017 – meaning the country places third in the world rankings […]
Legal Procurement Conference APAC 2018 is set for Sydney on 24 July 2018
Hosted by the Buying Legal Council and Lawcadia, the event is a powerful platform for buyers and sellers of legal services to network and learn, share best practices, launch new initiatives, get motivated, and inspire the legal industry as a whole. The conference encourages dialogue, discussion and formal and […]
Driving innovation in the legal industry
Introduction Emerging technologies are creating significant waves of disruption impacting economies, industries and societies across the globe. Companies are struggling to keep pace with technological developments, whether maintaining agile business environments to leverage advanced technologies or creating the right risk and compliance strategies to plan and […]
Why Legal Practices Should Embrace Technology
Technology has changed virtually every industry, including the legal profession. New technology, cutting-edge apps and software, and automation have all helped reduce expenses and drastically increased productivity. However many people are still hesitant to completely embrace technology, including legal professionals. Here are a few reasons why […]
Reed Smith and Resource Law Managing Partners explain the strategy behind their Singapore alliance
Reed Smith formed an alliance with Singapore’s Resource Law in 2016 to strengthen its local expertise and client offering of a one-stop-shop service, and to help it stand out amid a highly competitive environment for both international and local firms in Singapore. The alliance has also […]
Today’s Lawyers Need Technology Training
Introduction Back in November, a group of people gathered in Hong Kong to brainstorm on using blockchain technology in legal transactions. They discussed Ethereum and cybersecurity, before debating the benefits and dangers of Artificial Intelligence (AI). These weren’t computer programmers looking to create a new start-up […]
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 attorneys, with over 130 representatives from law firms around […]
Stefanie Yuen Thio of Singapore’s TSMP Law explains how to build a successful boutique legal practice
Stefanie Yuen Thio is the Joint Managing Director of TSMP Law Corporation in Singapore, leads the firm’s M&A and corporate practice and co-manages the firm. TSMP is regarded as one of Singapore’s handful of “go-to” independent firms for cutting-edge Wall Street work and was named SE […]
Innovating in-house legal in Asia Pacific
In this interview with Asia Law Portal, Peter Connor details his views of how legal services competition is impacting the general counsel, both within and outside the Asia-Pacific region
What makes Sports Law unique? An interview with Richard Wee
Richard Wee joined Kuala Lumpur-based MahWengKwai & Associates in 2016, where he established the firms Sports Law Practice Group. Now head of Richard Wee Chambers, Wee is recognized locally and regionally for pioneering this niche, in this Q&A with Asia Law Portal he describes what makes […]
5 Ways Big Data is Changing Legal Practice
Innovation buzz words like “analytics” “AI” and “big data” have been getting a lot of coverage recently, but how are they affecting the bottom line for law firms? Read More: India’s All-round Improvement & Crowning Glory Below are 5 ways that big data can build law firm […]
Key takeaways from the 2nd Singapore Law Firm Management Forum
The Second Regional Law Firm Management Forum took place Friday November 3, 2017, at the Mandarin Oriental Hotel in Singapore. This year’s Forum focused on how non-legal professional in law firms can become critical contributors to firm strategies. Andrew Barnes, President of Forum sponsor Australasian Legal Practice […]
The Great Legal Reformation: Notes from the Field
The beginning of the Great Legal Reformation lacks the precision of Martin Luther nailing his 95 Theses to the door of the Castle Church, but upheaval in legal services delivery most certainly accelerated and gained strength with the financial crisis of 2008. Since that time, legal […]
Lawyers: 5 Steps to Overcome Procrastination
Many lawyers admit that procrastination is a problem. If one can begin by admitting that it is difficult to manage time — this is a good beginning. Read More: India: FDI Policy Boosts Start-ups Ben confessed. “Sure, I admit that I procrastinate in my law practice. […]
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, […]
An Entity-Driven Approach to Legal Services
A crowded legal marketplace requires law firms to do more than just provide quality legal services
Artificial Intelligence (AI): A new-frontier in legal services competition in Asia
In a news release issued last week – leading international NewLaw firm Axiom announced “the market launch of AxiomAI – a program that leverages Artificial Intelligence (AI) to improve the efficiency and quality of contracts work. As part of AxiomAI, Axiom will accelerate the use of […]
What is Driving Change in Asia’s Legal Profession?
The famous American jurist Clarence Darrow once said, “The trouble with law is lawyers.” And, when it comes to changing the way lawyers and law firms operate, some of the speakers and panellists at the Legal Inno’ Tech Forum, which took place in Hong Kong in […]
When will the legal industry have its Napster moment?
“I like to think (it has to be!), Of a cybemetric ecology, Where we are free of our labors, And joined back to nature, Returned to our mammal brothers and sisters, And all watched over By machines of loving grace.” Thus wrote the beat poet Richard Brautigan in 1967. He was definitely […]
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 […]
NewLaw shows progress in Association of Corporate Counsel Australia 2017 Benchmarks and Leading Practices Report
The Association of Corporate Counsel Australia recently launched the 2017 Benchmarks and Leading Practices Report, an in-depth and extensive study of trends in the Australian and New Zealand (ANZ) in-house legal profession. The report also features 13 general counsels as best practice case studies and 4 […]
Legal Innovation and Tech Forum to take place in Hong Kong, June 8, 2017
Leaders in legal technology from around the world are poised to gather in Hong Kong for the Legal Inno’ Tech Forum. The Forum will take place at ESPACE in Central Hong Kong on Thursday, June 8, 2017 between 2 pm and 5:30 pm. The backdrop for this […]
The International Bar Association’s 2017 Annual Conference will take place October 8-13 in Sydney, Australia
The International Bar Association’s 2017 Annual Conference will take place October 8-13 in Sydney, Australia. Notably, the conference takes place as the IBA celebrates its’ 70th anniversary. Read More: Legal Innovation and Tech Forum to take place in Hong Kong, June 8, 2017 Widely regarded as […]
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 […]
First ever Asia Law Firm Management Congress to take place in Mumbai, April 20, 2017
The first ever Asia Law Firm Management Congress (ALFMC) will take place in Mumbai, April 20, 2017. Presented by ThomsonReuters and curated by IDEX Legal. The St Regis Hotel will be the conference venue. As LegallyIndia has detailed — the event will bring together lawyers from leading […]
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. Read more: India Sixth Great Power in 2017 “The E-bidding […]
LOD: Changing NewLaw dynamics in Asia
In the first multi-continent merger of its kind, NewLaw leading firms LOD – Lawyers on Demand and AdventBalance joined together in October 2016 under the joint name and brand LOD – Lawyers on Demand. As LOD – Lawyers on Demand detailed at the time, “the deal…saw the […]
4 takeaways from Singapore Law Firm Management Forum
The Regional Law Firm Management Forum took place on September 29, 2016, in Singapore. The Australasian Law Practice Management Association (ALPMA) and the Law Council of Australia’s Law Management Group jointly conducted the conference themed: “Change: Technology Enables, People, Deliver”. As Andrew Barnes, President of […]
Regional Law Firm Management Forum set for Singapore, November 29, 2016
The Regional Law Firm Management Forum is set to take place at the Raffles City Convention Centre in Singapore, on November 29, 2016. Conducted jointly by The Australasian Legal Practice Management Association and the Law Council of Australia’s Law Management Group, the event is entitled: Change: […]
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 […]
AsiaLawNetwork.com launches online legal consultation service “Quick Consult” in Singapore
Singapore-based legal startup AsiaLawNetwork.com has launched ‘Quick Consult’, a service which provides individuals and small businesses with easier and more affordable access to lawyers for S$49. The service covers a broad range of legal issues both individuals and small businesses might encounter, including “divorce and commercial disputes, […]
Australian Legal Startup Jurimetrics brings statistical big-data analysis to the legal system
Australia is among the leading jurisdictions in the Asia-Pacific region. In the cultivation of startups focused on the legal services space. And recently, a new Australian startup called Jurimetrics is bringing statistical big data to the legal system. Here’s our recent interview with Managing Director Conrad […]
Janders Dean to stage unique Legal Service Design Jam in Sydney on 27/28 July
Janders Dean will be running a Legal Service Design Jam in parallel to the Janders Dean Legal Transformation Conference in Sydney this coming Wednesday and Thursday, July 27 and 28. First conducted in London last May, LegalServicesDesign Jam adds a new dimension to the Legal […]
NewLaw expands in Asia with the addition of Hong Kong’s Korum Legal
As Australian legal commentator and analyst Eric Chin recently detailed, NewLaw in the Asia-Pacific is growing and its’ definition expanding to include alternative business models utilizing technology as a prime focus – above and beyond the traditional NewLaw secondment offer. Too, a number of large international […]
FlySpaces offers lawyers flexible office solutions in the Asia-Pacific region
As the legal services sector continues to grow in the Asia-Pacific region, opportunities for lawyers to create their own career path by working in NewLaw or in flexible working arrangement with traditional law firms – is also increasing. An important part of these changes includes opportunities […]
The New Normal Legal & Compliance Leadership Program debuts across Asia in May 2016
The New Normal Legal & Compliance Leadership Program will take place in Hong Kong (May 23 & 24), Shanghai (May 26 & 27), Singapore (May 30 & 31) and Sydney (June 2 & 3). Conducted by Peter Connor, Founder & CEO of AlternativelyLegal, a newly established consulting and […]
Webinar: Can you use NewLaw methods to boost your Law Firm revenue?
In recent years New Law firms and Big4 accounting firms have increasingly taken legal market share away from traditional law firms. NewLaw leader Axiom, for the exam, is projected to overtake BigLaw’s DLA Piper in total revenue by 2018. Ever-increasing competition is forcing law firms to […]