Category: News & Analysis

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

China is now Germany’s largest trading partner: Next steps for law firms

Reuters reported yesterday that China has now become Germany’s largest trading partner.  As Rene Wagner and Michael Nienaber detailed — China has overtaken the United States to become Germany’s number one trading partner, just ahead […]

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 […]

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 […]

As competition from foreign law firms increases: 3 questions for Malaysia’s lawyers

More foreign law firms entering the Malaysian market As a recent report in FMT News details, Herbert Smith Freehills (HSF) is now the second foreign law firm to enter Malaysia.  The Malaysian Bar Council recently […]

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 […]