Malaysian legal market opening to foreign firms
As the 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 […]
Hong Kong, China gateway: An interview with Deacons Executive Partner, Jeremy Lam
Introduction Hong Kong’s 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 half of […]
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 by India’s LPO […]
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 trade relationship between the US and Korea. Some background […]
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 into the jurisdiction. The local firm has rebranded itself […]
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. Latin America – Asia bilateral […]
South Korea’s lucrative legal market opens to foreign firms
As a result of two recent landmark free trade agreements between South Korea and the European Union and the United States, the South Korean legal market will now be open for American and European law firms. South Korea is the 4th largest market in Asia and […]
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 new competitive pressures upon regional domestic markets highlighted the […]
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 (Wed April 18, 2013) by Alan Hodgart, a London-based consultant to […]