K&L Gates Asia-Pacific Strategy: An Exclusive Report

An exclusive report by US-based international law firm K&L Gates on its Asia-Pacific Strategy are among the highlights of a new book by this author entitled “A Comprehensive Guide to the Asia-Pacific Legal Markets“.  Integral to the book was the participation of the regions lawyers and […]

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“Dynamic forces” seen changing China’s legal market

“Dynamic forces” changing China’s legal market are one highlight of a new book by this author which provides “A Comprehensive Guide to the Asia-Pacific Legal Markets“.  Integral to the the book was the participation of the regions lawyers and legal services sector professionals — who provide […]

How change is transforming Singapore’s legal market

Key changes transforming Singapore’s legal market are one highlight of a new book by this author which provides “A Comprehensive Guide to the Asia-Pacific Legal Markets“.  Integral to the the book was the participation of the regions lawyers and legal services sector professionals — who provide […]

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New book provides “A Comprehensive Guide to the Asia-Pacific Legal Markets”

A new book entitled A Comprehensive Guide to the Asia-Pacific Legal Markets has just been published.  Authored by this writer and published by London-based Ark Group, the book begins with an introduction analyzing whether projections for dramatic growth in the region are realistic.  Some of the […]

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China’s investment into Los Angeles doubles between 2009-2014

“Investment into Los Angeles County from China has doubled over the past five years” according to two new reports issued by the Los Angeles County Economic Development Corporation (@LAEDC], as Kevin Smith (@SGVNBiz) reported in the San Gabriel Valley Tribune yesterday.  “’International Trade Outlook for the […]

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Distinguishing your law firm among clients in global M&A

In April of 2013, global law firm Baker & McKenzie, in conjunction with the Economist Intelligence Unit (EIU) published a study outlining current trends in the cross-border M&A market.  The results of that study, entitled Opportunities Across High-Growth Markets: Trends in Cross-Border M&A, provide insight into […]

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Mayer Brown launches Asia trade consulting arm in Singapore

International law firm Mayer Brown, the world’s 22nd largest law firm, has launched an Asia trade consulting arm in Singapore, according to a media release issued by the firm last week.  Richard Smith (RWS_01), Australian business development professional, also noted the event on Twitter. The new […]

New research outlines Asia-Pacific regional opportunities for international law firms

Eric Chin (@EricJYChin), Senior Analyst to the professions on strategy, structure, capital, acquisitions and disposals at Beaton Capital in Melbourne has just published new research outlining opportunities for international law firms in the Asia Pacific region. As Chin outlines: “The Asian Century is upon us and […]

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The state of free-trade in Asia-Pacific: An interview with Eric Emerson, Steptoe & Johnson LLP

Free trade in the Asia-Pacific region has received much attention in recent years.   Two major proposed trade agreements are currently center-stage in the region, the Trans-Pacific Partnership (TPP) and the Free Trade Area of the Asia-Pacific (FTAAP). “The Trans-Pacific Partnership (TPP) is a proposed expansion of the […]

Constitutional awareness in Myanmar – Creating capacity to build competencies

I was October 14th, 2013. This was the day of our “Constitutional Awareness Workshop” in Yangon, Myanmar. There is a need for constitutional reform in Myanmar and I was there representing LexisNexis in support of this nation’s democratization. Our goal was to get 100 lawyers in […]

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Trademark law takes center stage in Asia

As Paul Kossof, author of Chinese Trademark Law: The New Chinese Trademark Law of 2014 recently outlined in a series of exclusive articles in Asia Law Portal: “On May 1, 2014, China’s new trademark law will come into effect. This law will usher in substantial changes […]

India, Philippines legal process outsourcing (LPO’s) to experience rapid growth to 2020

The global market of Legal Process Outsourcing (LPO) was estimated to be USD 1,085 million in 2012 — and is expected to reach USD 8,568.5 million by 2020, growing at a CAGR of 29.6% from 2014 to 2020, according to a report published this month by […]

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Asia business opportunities outlined at Los Angeles conference

US business leaders are gathered this week at the University of Southern California Marshall School of Business for the Asia/Pacific Business Outlook Conference (APBO)   The conference, co-presented with the United States Department of Commerce, is aimed at helping US exporters and investors target Asian markets. The […]

The Asian Legal Marketplace by 2025

Dear law or pre-law students in Asia, Many of you reading this post decided to enter the legal profession based on only the vaguest notions of what the practice of law is actually like; a notion perhaps formed by TV shows or, more likely, the views of your […]

Asia-Pacific region foreign investment rules relaxed

A liberalization of foreign investment regulation is taking place across the Asia-Pacific region, according to a recent study conducted by international law firm Herbert Smith Freehills.  The study, entitled Asia-Pacific M&A Review, “considers performance in 2013 and looks forward to prospects for 2014 across Australia, China, Hong Kong, […]

India to lift restrictions on law firm websites

“The Bar Council of India has responded to widespread demands by announcing it is to lift restrictions on law firm websites”, according to a recent report by Melissa Lesh in The Global Legal Post. As Lesh outlined: “The bar is planning to amend the regulation dealing […]

Japanese law firms continue Asia expansion drive

Japan’s top law firms are continuing an Asia expansion drive in an effort to assist Japanese companies in their expansion drive in the region – as well as to capture market share from high growth economies in China and the ASEAN region. In January, The Global […]

Five critical strategies for US law firms to succeed in Asia

Professional services providers around the world have much opportunity in the Asia-Pacific region – should they approach the market with 5 critical strategies, according to a new report by Eric Chin, Senior Analyst at Beaton Capital in Australia. Chin first outlines 5 key opportunities for professional […]

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Report on NewLaw from the ReInvent Law Conference

Two significant and unrelated legal industry events made news among the 800+ delegates at the ReInvent Law conference in New York on February 7. The collapse on February 5 of Heenan Blaikie, an establishment Canadian BigLaw firm, and the announcement on February 7 of British Telecom’s appointment of […]

When Will NewLaw Firms Be Relevant In Asia?

With the NewLaw business model gathering pace in many developed economies it’s time to ask ‘When will NewLaw firms be relevant in Asia? To date the spread of the many types of NewLaw firms has been mainly confined to north America, the UK and Australia. When will […]

US law firms likely to continue to follow clients to Asia

Anthony Lin, writing in The Asian Lawyer last week, outlined the prospects for American law firms in Asia for the foreseeable future.  The bottom line of Lin’s article comes down to Lin’s prediction that the Asian marketplace will continue to grow, continue to attract US business, […]

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Asia-Pacific M&A activity high, characterized by intra-regional deals

LegalWeek.com reported this week that “Dealflow and value in the Asia Pacific, excluding Japan, last year soared to its highest level since 2001, according to new data from Mergermarket.  The region saw 2,577 deal announcements in 2013 compared with 2,297 in 2012, marking a year-on-year rise […]

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US law firms in renewed focus on Asia market

DLA Piper and Duane Morris have in recent months both initiated new drives to capture more work out of the Asia-Pacific region. Last December, DLA Piper announced “the appointment of [a] new three-strong Asia advisory committee…designed to create more synergies between the firm’s US and Asia […]

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Ecuador and Latin America offer much to Asia’s investors

Latin America has become the most attractive and lucrative growing market and business opportunity in the world, and the second most important trade partner with China and Asia. A $4.8 trillion economy, US $26 Billion in China’s investment projects and US $261.000 million reached with China´s […]

It’s Time for Large Firms to Look Over the Horizon

A recent London-based publication carried a range of opinions about the shape and destiny of large law firms in 2018. For partners in these firms articles such as these can’t make comfortable reading. But I think they miss the real point by not looking over the horizon. What […]

Singapore poised to become capital-raising hub for Myanmar companies

Singapore is playing an emerging “role as a magnet for Myanmar companies eager to grow as their country emerges from decades of isolation but frustrated by its crippled banking system and barely existing financial markets.  Lawyers and financial advisors who work closely with Myanmar firms say […]

NSW proves to be attractive to overseas investors

The New South Wales Government has been attracting overseas investment under the Significant Investor Visa (SIV). The SIV is a new category of visa introduced by the Commonwealth Government in November last year to help the country attract more international high net worth individuals who are […]

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Western China’s Financial Centers: Regulations Affecting Foreign Law Firms and Clients

Western China will experience a substantial influx of foreign investment as manufacturers gradually move inland away from the relatively developed and expensive east coast. Foreign goods and services are soon to follow, as Western China’s financial centers such as Chongqing and Chengdu experience increased demand for […]

Pointers to change and opportunity for law firms in Hong Kong

This post is based on recent research that provides pointers to change and opportunity for law firms in Hong Kong. Much is changing in the Hong Kong legal profession. Our research amongst law firms and their clients reveals several insightful trends.  This post is the first […]

U.S. Law Firms Facing Competitive Challenges in China

As Yun Kriegler outlined recently in The Lawyer, after spending ten years in Asia, U.S. law firm Vinson & Elkins decided to close its Shanghai office. In July 2013, the Houston-based firm announced that it will shut down its three-partner office to consolidate its China practice […]

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How to find clients for your new law practice

If you are just about to start your first law firm / practice, one of the first questions probably is how to approach potential clients and get them onboard.  The principles laid out bellow, proven and borrowed from the start-up world, are also applicable if you […]

The state of private equity in Asia in 2013

According to Ms. Julia Leong, Hong Kong’s Under Secretary for Financial Services and the Treasury, who spoke at the 12th HKVCA China Private Equity Summit on June 11 of this year, “the private equity industry is now a key player in Asia’s evolving financing landscape.” Ms. […]

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Russian nuclear power investments in Vietnam an opportunity for lawyers

As the Voice of Russia recently reported: “Vietnam’s power industry plans to build 13 nuclear power units with an overall generating capacity of 15 gigawatts by 2030″.  Vietnam.net outlined: “The nuclear power market in Vietnam at present is estimated to be worth about $10 billion and is […]

Foreign law firms “flying into” Singapore

Singapore’s central location in the high-growth ASEAN region, it’s status as a safe financial hub and the increasing ease by which foreign firms can access the country, has led to a recent increase in the influx of foreign law firms. A super high-growth legal market According […]

US law firms set their sights on Asia

Phil Bolton of Global Atlanta reported yesterday that “With its acquisition of a California firm completed and the opening of a new office in Korea, the law firm of McKenna Long & Aldridge LLP will be increasingly committed to international work and focusing even more intently on […]

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 and transactions; agreeing a fixed payable amount for the […]

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 to Myanmar at a rapid pace.  Since taking office […]