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 on board. The principles laid out below, proven and borrowed from the start-up world, are also applicable if you are […]
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.” In […]
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. Read more: Will Hong Kong’s law firms […]
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 region’s opportunity for professional services firms
The opening of the Myanmar economy to international trade. The democratization of the country has 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 in […]
Hong Kong legal social media entrepreneurs gaining traction
I met Stephen Lai, Managing Director of Hong Kong-based Conventus Law, in the eclectic Sheung Wan section, blending traditional and modern, located a mile away from Hong Kong’s gleaming office towers, where he spearheads Hong Kong legal social media. A former Associate Publisher of Euromoney Legal Media […]
Malaysian legal market opening to foreign firms
As Star Online reported from Kuala Lumpur, the Malaysian Parliament The Dewan Rakyat passed the Legal Profession (Amendment) Bill of 2012, which will soon allow foreign lawyers to open offices and practice law in Malaysia. What practices will foreign law firms be permitted to establish? Lee Shih, Partner in […]
Hong Kong, China gateway: An interview with Deacons Executive Partner, Jeremy Lam
Introduction Hong Kong is 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 Executive Partner Jeremy Lam in an interview in BusinessWeek. During the first […]
India’s legal industry growing rapidly
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) industry. While driven in large part […]
Opportunities for Korean law firms -US bilateral trade
The Inter-Pacific Bar Association Annual Meeting begins tomorrow in Seoul – and this provides a good opportunity to outline what opportunities exist for lawyers in Korea and the US to capitalize upon the growing bilateral trade relationship between the two countries. Asia Law Portal can help […]
Chinese law firm Yingke enters the Israeli legal market – what’s next?
The Lawyer magazine (UK) has reported that Chinese law firm Yingke has entered the newly liberalized Israeli legal market. Asia Law Portal can help your law firm expand its brand awareness. The Lawyer reported that Yingke “merged with Israeli boutique firm Eyal Khayat Zolty, Neiger & Co, for its. […]
Latin America–Asia bilateral trade growth offers law firms new opportunities
The high growth and increasingly mutually engaged economies of Latin America and Asia offer significant new business development opportunities to law firms and other professional services firms – provided they put in place and execute plans to effectively secure new cross-border business. Asia Law Portal can […]
Law Firms in Korea: Foreign Firms Can Now Tap into South Korea’s Lucrative Legal
As a result of two recent landmark free trade agreements between South Korea, the European Union and the United States. The South Korean legal market will now be open for American and European law firms. According to Ranajit Dam’s article in Asian Legal Business, South Korea’s […]
Impact of Asian legal market liberalization outlined at Seoul conference
The panel discussion at the Inter-Pacific Bar Association Annual Conference in Seoul, Korea last week focused on the impact of legal market liberalization on specific legal jurisdictions in the Asian legal market. Lawyers practising in India, Singapore, Malaysia, Hong Kong, and Korea made presentations highlighting the […]
Projected Growth of Law Firms in Asia: Market to Double by 2017
Projected 6-7% growth in Asia’s legal services sector over the next 7-8 years will transform the global legal market’s composition and structure, as per Hodgart. This growth presents a significant opportunity for Law Firms in Asia to expand and tap into the rapidly expanding market. Hodgart […]