India Tops Global FDI Chart, Attracts Largest Investment & Boosts ‘Make In India’
India’s capability as a top foreign investment destination hit a new high as it emerged as the leader in FDI for Greenfield investment. Two high-profile deals were also signed to stamp India’s prominence in this space. India Top Global FDI Destination For Greenfield Investments. India is […]
From Lawyers to Malaysia startup entrepreneurs: An interview with the founders of Kaodim.com
Jeff Cheong and Fui Choong both left their careers as lawyers to launch Kaodim in November 2014. Malaysia-based Kaodim is a web/mobile application allowing people to hire and compare professionals providing home services and repairs. The platform grows many small and medium businesses along the way. Kaodim is […]
6 reasons why Southeast Asia is poised to become a major new destination for legal startups
A confluence of trends appears poised to make Southeast Asia a new major destination for legal startups. Among those trends is a spike in funding for startups in the region, the continuing challenge to the traditional law firm business model in Asia, and a growing number […]
Lawyers rush to win new work from the Trans-Pacific Partnership (TPP)
Lawyers in the Asia-Pacific region and the United States are already gearing up to win new work seen resulting from a new trade agreement announced this week between 12 Pacific-Rim nations. As Misa Han (@misahan) outlined yesterday in the Australian Financial Review: “Legal and financial advisers said […]
Some BigLaw firms in Asia are rushing to emulate NewLaw
Some BigLaw firms in Asia are rushing to emulate New Law, according to a recent article by John Knox, Managing Director, Asia of leading NewLaw firm AdventBalance. In recent months, as Knox outlines, “a growing number of traditional law firms including Eversheds (Agile) and Allen & Overy (Peerpoint) are […]
India: First-Ever States’ Scorecard of Business Reforms Ushers Competitive Federalism
The results of the first ever survey of Indian States on the implementation of ease of doing business is out and has thrown up interesting results. A long needed clarification on facility sharing by foreign group companies brings in the desired relief. The Government recalled its […]
Australian law firm Legal Vision is generating 20 new customer leads per day from their blog
Australian online law firm LegalVision is generating 20 new customer leads per day from their inbound content strategy, according to their CEO and Founder Lachlan McKnight. McKnight outlined the firm’s strategy in an interview this week with the Australasian Law Practice Management Association (ALPMA). The interview was […]
India Foreign Investment Hits and Tax Reform Misses
The Government of India has complied with its announcements made in the annual union finance budget to set up composite caps for foreign investment. However there was a setback to its tax reforms when the GST Bill could not be passed. Composite Caps for Foreign Investment. The Government […]
Legal Innovation takes center stage in Asia-Pacific
The months of July and August have seen a flurry of conferences and news coverage dedicated to legal innovation in the Asia-Pacific legal markets. And this trend will continue into September. Here’s a list of what’s happened so far and what’s coming next: On July 30th, […]
Acritas publishes the second annual Asia Pacific Law Firm Brand Index
UK-based market research firm Acritas has just published the second annual Asia-Pacific Law Firm Brand Index, with Baker & McKenzie placing first – and King & Wood Mallesons, Herbert Smith Freehills, Norton Rose Fullbright, and Kim & Chang rounding out the top 5. As Acritas outlined […]
For some foreign law firms, not being in Asia is an Asia strategy
Another foreign law firm has chosen to not maintain a physical presence in Asia – while instead focusing on foreign direct investment from Asia into the jurisdictions where they practice. This strategy is employed by firms primarily as a means to secure work around Asia’s growing […]
More Asia law firms add consulting services
News last week that Singapore-based RHTLaw Taylor Wessing (@RHTLawTW) had bolstered its consulting practices underscores a trend that appears to be gaining significant pace in international legal markets. The RHT Group of Companies, which are wholly owned companies of RHTLaw Taylor Wessing LLP, now have consulting divisions ranging from […]
India Gears Up to Roll Out the Red Carpet for Foreign Law Firms
The Government of India has made up its mind to allow foreign law firms to practice in India. It has virtually crushed all opposition for years altogether in a matter of months. There have been several media reports in India late last month quoting the then […]
Law firms turn to strategy directors for competitive advantage
In recent months two international law firms with operations in the Asia-Pacific region have appointed directors of strategy with the aim to gaining competitive advantage in crowded and competitive legal markets. In May, global law firm Baker & McKenzie appointed Julia Hayhoe Global Director, Strategy Implementation. […]
Facilitating investment in Japan – an interview with Tokyo-based lawyer Hiroaki Tsuda
As the Japan Times reported last year, Japanese Prime Minister Shinzo Abe’s administration developed an updated growth strategy calling for a doubling of the “outstanding amount of foreign direct investment in Japan to ¥35 trillion by 2020, with the government taking necessary policy steps and the […]
Tokyo Legal Startups find support and inspiration from “StartEd”
As Disrupting Japan blog author Tim Romero has outlined: “The startup scene in Japan is laying the seeds for [the country’s] next economic miracle.” And a part of that miracle may very well be Tokyo-based legal startups. Few would know more about this subject than Dublin-based lawyer Naoise Gaffney. […]