Tag: Asia legal market liberalization

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Bar Council of India Stalls Entry of Foreign Lawyers

The Bar Council of India (BCI) has managed to throw a spanner into the Government’s steps to allow entry of foreign law firms. The Government continues its efforts to attract foreign investment with new and innovative initiatives […]

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Indonesia to be Asia’s next digital powerhouse: Implications for legal services

According to the recently released e-conomy SEA 2016 report conducted jointly by Google and Singapore’s sovereign wealth fund Temasek Holdings, Indonesia’s internet economy is growing at 26% annually.  And it “will be worth about US$81 billion in […]

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Remaking Law Firms: Why and How: New book provides invaluable guidance for law firm leaders

A new book entitled Remaking Law Firms: Why and How shows BigLaw firm leaders why they must start their remaking journey now and then sets out the ways in which change can be made and the tools to […]

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Demand for legal services continues to globalize

The demand for legal services is continuing to globalize, according to a recent report published by Managing Partner Forum and coauthored by Citi Private Bank and Hildebrandt Consulting. “The more global nature of legal work has particularly […]

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India: Retrospective Tax on Foreign Investment a Step Backward

In the past month the Indian Government took action towards facilitating foreign investment as was promised in the annual Union budget. However, all the beneficial steps were overshadowed by the controversial levy of Minimum Alternate Tax on […]

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30 people to watch in the business of law in Asia in 2015

As 2015 begins – below is a list of 30 key people to watch for commentary and new initiatives in the business of law in the Asia-Pacific legal markets during the course of the coming year: Chris […]

Can the Big4 accounting firms defeat BigLaw in Asia?

Much has been written recently about the entry of the Big4 accounting firms into the Asia-Pacific Legal Markets.  The most recent move of note was PriceWaterhouseCoopers (PWC)  beginning to offer legal advice in Tokyo beginning last November.  Australia’s Beaton […]

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Current trends shaping Vietnam’s legal market in 2014

Current trends shaping Vietnam’s legal market in 2014 have been outlined by Kent Wong, Partner and Head of Banking, Insurance & Capital Markets at VCI Legal in a new book by this author entitled A Comprehensive Guide to […]

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New Report: “Rapid evolution facing Asia-Pacific’s law firms”

According to a new report authored by Dr George Beaton and Eric Chin of Australia’s Beaton Capital — which appears in the new book:  A Comprehensive Guide to the Asia-Pacific Legal Markets — Asia-Pacific’s indigenous law firms […]

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Change comes slowly to the South Korean legal market

While Korea has been transformed by a liberalized legal market and emerging technologies – change is slow for the country’s legal market — according to Ryan Russell – a corporate finance attorney with Kim & Chang in […]

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 […]

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 […]

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 […]