Tag: Asia legal market liberalization

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 […]

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 […]

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 […]

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 […]

Lawyers: 5 things to do when meeting with prospective clients

For business-focused lawyers, the process of winning new business can be made easier if tried-and-tested best practices are adopted and utilized.  As a follow-up to my post entitled: Lawyers: 5 places to find new foreign clients, I’ve compiled […]

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 […]

There’s a better path to US law firm success in Asia

US law firms face hyper-competitive markets in Asia The recent announcement that US-based law firm Fried Frank would close its Shanghai and Hong Kong offices and leave Asia highlights the intense and unique competitive pressures US law firms […]

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 […]