Will Hong Kong’s law firms adapt to new competition?

LegalWeek.com reported this week that Australia-based fixed-fee law firm AdventBalance “has brought its unconventional business model to Hong Kong with the opening of an office in the city”. The firm “seconds senior lawyers to clients’ offices for specific projects […]

Chinese law firm Yingke enters the Israeli legal market – what’s next?

The Lawyer magazine (UK) has reported that one of China’s largest law firms, Yingke – has entered the newly liberalized Israeli legal market. The Lawyer reported that Yingke “merged with Israeli boutique firm Eyal Khayat Zolty, Neiger & Co, for its first step […]

Impact of Asian legal market liberalization outlined at Seoul conference

The impact of legal market liberalization upon specific legal jurisdictions in Asia was the subject of a panel discussion last week at the Inter-Pacific Bar Association Annual Conference in Seoul, Korea. Lawyers in the midst of these changes which are bringing […]

Asian legal market set to double by 2017

The Asian legal market is set to double by 2017, making it the world’s second largest regional market.  That’s what delegates from around the world attending the Inter-Pacific Bar Association’s (IPBA) 23rd Annual Conference in Seoul were told today […]

Opportunities for law firms in Korea-US bilateral trade

The Inter-Pacific Bar Association Annual Meeting begins tomorrow here in Seoul – and I thought this would be a good opportunity to outline in particular what opportunities exist for lawyers in Korea and the US to capitalize upon the growing bilateral […]

More law firms adopting non-legal consulting practices

International law firm Withers LLP has set up a non-legal consulting practice, the Withers Consulting Group (WCG), which the International Advisor reported launched this month.  Diversification of services into non-legal or quasi-legal consulting is already a tried […]

Legal social media entrepreneurs gaining ground in Hong Kong

The Sheung Wan section of Hong Kong is an eclectic mix of the traditional and the modern – about a mile from the city’s gleaming office towers.  It’s here that I met Stephen Lai, Managing Director of Hong Kong-based Conventus […]

How Hong Kong law firms can win in the China energy game

China has now become the world’s largest net importer of oil – having recently overtaken the United States in the role – according to Anthony Fensom, writing in The Diplomat this week.  Indeed, China’s energy needs are so great that available global sources of […]

Why Japan needs an energy law blog

Shoichi Itoh, Senior Analyst at the Institute of Energy Economics in Japan has outlined in an article published by the Brookings Institution the urgent need Japan has for energy resources post-Fukushima disaster.  As a result of Japan’s earthquake of some two […]

Why law firm growth is not dead

In a recent interview with Lee Pachia of Bloomberg Law, Bruce MacEwen of Adam Smith Esq outlined the essence of his new book entitled: Growth is Dead, Now What? – his belief that the data indicates that […]

Indonesia’s growing economy a major opportunity for lawyers

“The Indonesian economy, the biggest in Southeast Asia” grew by 6.2% last year, as BBC News reported this week .  Down from 6.5% in 2011, the Indonesian economy still grew markedly faster than the US (2.2% ) and the EU […]

Asia’s largest law firm forms new Gulf States alliance

Trade Arabia reported today that “Hussain Lootah & Associates (HL&A) Law Firm, one of the GCC’s leading law firms, has signed a cooperative agreement with China-based Dacheng Law Offices (DLO), Asia’s largest law firm.” Both firms have agreed to “lend each other’s […]

US and Chinese law firms, seeking overseas business, form marketing tie-ups

As the Philadelphia Enquirer reported last month, US law firm White & Williams LLP and Chinese law firm Winners “formalized an alliance to help each other’s clients” last month in Tianjin, China.  The work to form an alliance began three years ago […]

Global mergers point to a need for law firm sales divisions

Mike O’Horo,  Co-Founder of law firm business development consultancy RainmakerVT  —  in reaction to the 2012 announcement of global law firm mergers by Dentons and Norton Fulbright, wrote that: “When I see these mega-firm combinations, the phrase ‘trying […]

Team sales pros with content-expert lawyers to win new business

Mike O’Horo, Co-Founder of RainmakerVT, a legal business development consultancy, wrote in a recent blogpost that: “Law firms should emulate their corporate clients and hire experienced full-time professional salespersons and team them up with content-expert partners”.  Mike’s […]

Myanmar’s first investment bank reflects the regions opportunity for professional services firms

The opening of the Myanmar economy to international trade and the democratization of the country have been widely reported around the world in recent months. As the New York Times reported: “After years of stagnation, change is coming […]

China, Japan, fuel growth in international energy mergers and acquisitions

While overall ”global M&A activity is down 15% from last year, Chinese and Japanese firms, [on the other hand], have [been on a buying spree] — [having] bought a record number of overseas companies… mostly in the oil and gas sector” […]

Why Silicon Valley may produce the law firm of the future

San Francisco and Silicon Valley to its’ south, both sit at the nexus of innovation, entrepreneurialism, private equity and venture capital.  Sitting astride the companies and visionaries who are best known to the world as the leading […]

India’s legal industry is booming, and there’s room for growth

“India[s] legal services industry is growing at a rate of about 40% per annum”, according to a report by Daisy Khanna, of KPO Consultants, a New Delhi-based consulting company which provides business solutions exclusively to the Legal Process Outsourcing (LPO) […]

Hong Kong, China gateway: An interview with Deacons Executive Partner, Jeremy Lam

Introduction I wrote recently about Hong Kong’s role as both a gateway into China, but also as a superb conduit for Chinese outbound foreign investment, as the China Daily reported recently, echoing a sentiment expressed earlier this year by Deacons […]

US law firms: Why now is a good time to build a Chinese client base

While much attention has rightfully been paid over the last decade to the opportunity the Chinese market presents for US companies, it is also vitally important to remember the importance of Chinese foreign direct investment into the United States. […]