Tag: Asia Legal News

Pointers to change and opportunity for law firms in Hong Kong

This post is based on recent research that provides pointers to change and opportunity for law firms in Hong Kong. Much is changing in the Hong Kong legal profession. Our research amongst law firms and their clients reveals several insightful trends.  This post is the first […]

U.S. Law Firms Facing Competitive Challenges in China

As Yun Kriegler outlined recently in The Lawyer, after spending ten years in Asia, U.S. law firm Vinson & Elkins decided to close its Shanghai office. In July 2013, the Houston-based firm announced that it will shut down its three-partner office to consolidate its China practice […]

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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 onboard.  The principles laid out bellow, proven and borrowed from the start-up world, are also applicable if you […]

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.” Ms. […]

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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. A super high-growth legal market According […]

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 […]

Myanmar’s first investment bank reflects the regions opportunity for professional services firms

The opening of the Myanmar economy to international trade and the democratization of the country have 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 […]

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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 […]

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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 […]

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 […]