Tag: Asia Pacific legal market
A book review of “The Real Deal: Law Firm Leadership That Works” by Paul Smith and Sally Dyson
Lawyers generally have an inbuilt scepticism regarding any form of coaching, which imposes a high bar on authors targeting an audience of busy managing partners. The Real Deal: Law Firm Leadership That Works by Paul Smith and Sally Dyson vaults over that bar with consummate ease […]
How has NewLaw developed in Asia over the last 10 years? An interview with Oliver Mould of LOD – Lawyers On Demand
As NewLaw firm LOD – Lawyers on Demand (LOD) approaches its’ 10th anniversary, Asia Law Portal interviewed Oliver Mould, the firms’ Head of Asia about the state of NewLaw in Asia and what he sees ahead for the next 10 years: LOD is approaching its 10th […]
India Attracts Largest E-Commerce Deal
India’s potential for high growth in retail came to the forefront with the acquisition of its biggest homegrown online retail company. The high economic growth prospects were reaffirmed by the IMF. There will be a new system for monitoring of foreign investment in listed entities. The […]
Will India Move Up in the World Bank Rankings?
The Government of India continues to take steps to improve ease of doing business in India. Various reports have been published by the media recently reflecting an expected improvement in the World Bank’s ranking for India, due to be published shortly. There are other areas and […]
Why is Africa becoming so important for Asian law firms?
Are you considering Africa? Asia? The opportunities for law firms are abundant. It is well known that China is Africa’s largest economic partner with reportedly an approximate growth of 20 percent per year across all sectors bringing with it incredible opportunities for established firms as well […]
First ever Asia Law Firm Management Congress to take place in Mumbai, April 20, 2017
The first ever Asia Law Firm Management Congress (ALFMC) will take place in Mumbai, April 20, 2017. Presented by ThomsonReuters and curated by IDEX Legal. The St Regis Hotel will be the conference venue. As LegallyIndia has detailed — the event will bring together lawyers from leading […]
India Sixth Great Power in 2017
While the Indian economy seemed to have recovered from the demonitisation drive, the year began on a promising note with India making it to the sixth position in a global list of top eight great powers in 2017. Although political parties are gearing up for upcoming […]
Malaysia’s Chief Justice and Bar President express support for NewLaw
Chief Justice Tun Arifin Zakaria said allowing more tasks to be done online – from online filing for criminal matters and appeals to online bidding on auctions – would improve accessibility and better serve the public. “The E-bidding system will make the process more transparent and […]
India: Government Withdraws Currency to Choke Parallel Economy
In a bold move, India’s Prime Minister demonetized certain currency notes earlier this month. This announcement sent shockwaves throughout the country and took everyone by surprise. However, despite the numerous hardships most citizens seem to be favouring the move in anticipation of long-term gains for the […]
Regional Law Firm Management Forum set for Singapore, November 29, 2016
The Regional Law Firm Management Forum is set to take place at the Raffles City Convention Centre in Singapore, November 29, 2016. Conducted jointly by The Australasian Legal Practice Management Association and the Law Council of Australia’s Law Management Group, the event is entitled: Change: Technology […]
SingaporeLegalAdvice.com: A one-stop platform for lawyers and legal consumers
The Asia-Pacific region has seen much legal innovation in recent years. And Singapore has been among the leading jurisdictions providing a venue for this innovation. One of those legal entrepreneurs is Yuk Lun Chan, Founder of SingaporeLegalAdvice.com. Here’s our recent Q&A interview with him about what […]
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 10 years, or about 40% of the total Internet […]
CONSULEGIS conference: “Doing Business in Asia”, set for Shanghai Oct 20-23, 2016
International law firms network Consulegis will host their next autumn conference in Shanghai, China from October 20th -23rd 2016. The main topic of the CONSULEGIS conference is “Doing Business in Asia”. What better place to host the next conference than China’s fastest growing city? The meetings, […]
Janders Dean to stage unique #LegalServiceDesign Jam in Sydney on 27/28 July
Janders Dean will be running a #LegalServiceDesign Jam in parallel to the Janders Dean Legal Transformation Conference in Sydney this coming Wednesday and Thursday, July 27 and 28. First conducted in London last May, LegalServicesDesign Jam adds a new dimension to the Legal Transformation Conference by, […]
Colombia-Korea Free-Trade Agreement provides opportunity for lawyers
Lawyers in both South Korea and Colombia could be significant beneficiaries of a just-ratified free-trade agreement between the two nations. As the Korea Herald detailed today: “Over the next 10 years, the two sides will knock down tariffs on over 96 percent of goods and roughly […]
What are the prospects for legal startups in Japan? An interview with Tim Romero, author of DisruptingJapan.com
Tim Romero is a Tokyo-based innovator, author, and entrepreneur. He’s started several companies since coming to Japan more than 20 years ago — and he’s deeply involved in Japan’s startup community as an investor, founder and mentor. He is the author of the widely-read blog DisruptingJapan.com […]
India Declared A Top Destination for FDI
The Government’s efforts to make India a top destination for foreign investment received yet another boost when one of the world’s leading observer of global FDI gave it the top honours. The Government continued to open up more avenues for foreign investment. There are some fresh […]
Residency Status for Foreign Investors and Further Liberalisation of FDI in India
India’s commitment to foreign investment was further fortified in the annual finance budget of the Government of India. The slew of announcements made by the Finance Minister, Mr. Arun Jaitley in the Lower House of the Parliament of India is expected to be instrumental in making […]
Australian legal startup Bulletpoints disrupts legal education by centralising CPD in one online portal
The Asia-Pacific region legal startup ecosystem is rich with examples of entrepreneurial zeal applied to the legal services sector — with a number based in Australia — including LawPath, LegalVision and Crowd & Co. That ecosystem also includes Bulletpoints — an online service for legal professionals to […]
Australian legal startup Crowd & Co is creating an online market for corporate legal services
Australia-based legal startup Crowd & Co, launched on 30 November 2015, is aiming to help corporations and lawyers alike efficiently source help on transactions via a proprietary online matchmaking platform. Inspired by the engineering sector Similar to American middle-market focused deal sourcing platform Axial, Crowd & […]
Asia-Pacific Region legal startups: An interview with Cherilyn Tan, CEO of AsiaLawNetwork.com
The Asia-Pacific Region holds an ideal mix of opportunity and innovation for legal services providers. In 2016, the Asia-Pacific legal market is now home to a growing number of legal startups and the entrepreneurs leading them, including Dragon Law, LawPath, LegalVision, Conventus Law and AsiaLawNetwork.com. The region is also […]
Beijing set to power Asian infrastructure deals
“The Asian Infrastructure Investment Bank (AIIB), the first multilateral financial institution launched by China…open[ed] for business on Jan. 16, as the Asia Times reported. The AIIB’s mandate will be to fund [infrastructure] development both inside and outside of Asia. “From 2010 to 2020, Asian countries will […]
Who were the top 20 law firms in Asian M&A in 2015?
MergerMarket have just released their Q4 2015 Global Legal Advisor Trend Report, which details how “Asia-Pacific (excl. Japan) M&A activity reached a peak [in 2015]. The reported details 3,797 deals worth US$ 927.8bn, the third consecutive annual increase by value, overtaking all yearly values on record. Too, […]
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 aided Am Law 50 firms”, the report concludes, “even […]
30 people to watch in the business of law in Asia in 2016
In 2015, the Asia-Pacific legal markets saw a deepening of competition among a larger number and form of legal services provider. From global law firms utilizing mergers to international law firms seeking to emulate market gains by NewLaw firms – to the increasing ascendance of legal […]
Some BigLaw firms in Asia are rushing to emulate NewLaw
Some BigLaw firms in Asia are rushing to emulate NewLaw, 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 establishing operating […]
Australian law firm LegalVision 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 […]
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, […]
How Axiom is transforming the business of law in Asia
In September of 2013, Eric Chin of Australia’s Beaton Capital explained why by 2018 — Axiom may become the world’s largest legal services firm. Founded in 2000, Axiom is among a new breed of private equity-backed alternative providers of legal services commonly referred to as “NewLaw”. These “NewLaw” firms […]
Facilitating China-Canada cross-border investment: A Q&A with Stephen D. Wortley of McMillan
Think Asia, Thing Hong Kong, a conference focused on facilitating trade and investment with China via Hong Kong, took place in Toronto June 8. Key among the participants was Stephen D. Wortley, Chair, Hong Kong Office and Co-Chair, China Practice Group at McMillan LLP. In conjunction […]
The Current State of the Malaysian Legal Market: A Q&A with Eddie Law, Founder of eLawyer.com.my
The Malaysian legal market is currently undergoing structural reform while competition is increasing. Here’s an update on the market in the second quarter of 2015 from Eddie Law, Founder of eLawyer.com.my: How would you describe the overall current state of the Malaysian legal market? In general, […]
With Focus on Ease of Doing Business in India, Modi Government Ushers in its First Anniversary
The Narendra Modi led Government, which completes its first anniversary this month, continued its focus on simplifying procedures for ease of doing business in India. The annual updation to the consolidated foreign direct investment policy was published this month. The controversial MAT levy is being relooked […]
Japan to outspend China on Asia infrastructure
Japan announced this week that it will lend around US$ 110 billion to help fund infrastructure development in Asia over the next five years via the Japan International Cooperation Agency, the Japan Bank for International Cooperation and the Asian Development Bank. The announcement by Japan comes amid […]
For foreign law firms expanding in Asia – Hong Kong or Singapore?
For foreign law firms eyeing the possibility of expansion into the Asia-Pacific region, a fundamental question is often: Should we open in Singapore or Hong? The two cities are key financial centers in the region and often serve as regional headquarters for foreign law firms here. […]
Will US law firms lose work in Asia due to Washington’s opposition to the Asian Infrastructure Investment Bank (AIIB)?
Some Background The Asian Infrastructure Investment Bank (AIIB) is a new multilateral development lender, whose focus will be on providing financing for infrastructure projects in Asia. Founded by China, the AIIB has been joined as founding members by most regional governments as well as the UK and […]
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 capital gains by Foreign Institutional Investors. There were welcome […]
Why NewLaw should seek to define itself in Asia
In April of 2013, Richard Granat (@rgranat) asked: Is Axiom Law a Law Firm? in a blogpost which appeared on his widely-read eLawering Blog. And Granat is well qualified to both ask and answer the question. Granat is both a virtual lawyer and a CEO and investor […]
China’s Second Free Trade Zone to Open Next Week
China’s Second Free Trade Zone will Open Next Week. Below is the text of an interview with Paul Kossof, an Associate at the Beijing office of TransAsia Lawyers, about this new development. John Grimley: There has been substantial interest from foreign investors and companies in Shanghai’s free […]
Legal Leaders Asia Forum: A preview Q&A with Nick Seddon of Beaton Capital
The 2nd Legal Leaders Asia Forum is set to take place March 24-25, 2015 at the Intercontinental Hotel in Hong Kong. The event will provide an opportunity for both international and independent law firms already established in Asia or with an eye towards the path to […]
Asia’s Legal Leaders to gather in Hong Kong, March 24-25, 2015
The 2nd Legal Leaders Asia Forum is set to take place March 24-25, 2015 at the Intercontinental Hotel in Hong Kong. The event will provide an opportunity for both international and independent law firms already established in Asia or with an eye towards the path to […]