Tag: Asia Pacific legal market
Australian Legal Startup Jurimetrics brings statistical big-data analysis to the legal system
Australia is among the leading jurisdictions in the Asia-Pacific region. In the cultivation of startups focused on the legal services space. And recently, a new Australian startup called Jurimetrics is bringing statistical big data to the legal system. Here’s our recent interview with Managing Director Conrad […]
Janders Dean to stage unique Legal Service Design Jam in Sydney on 27/28 July
Janders Dean will be running a Legal Service Design 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 […]
Colombia-Korea Free-Trade Agreement provides an 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 per cent of goods and […]
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 observers 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 & […]
Interview with CEO of AsiaLawNetwork: Asia-Pacific Legal Startups
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 […]
Beijing set to power Asian infrastructure deals
“The Asian Infrastructure Investment Bank (AIIB), the first multilateral financial institution launched by China…opened 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 its Q4 2015 Global Legal Advisor Trend Report, which details how “Asia-Pacific (excl. Japan) M&A activity reached a peak in 2015. The report details 3,797 deals worth US$ 927.8bn, the third consecutive annual increase by value, overtaking all yearly values on record. […]
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 forms 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 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 […]
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 […]
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, […]
Axiom Asia: 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, Think 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 over AIIB Opposition?
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 an interview with Paul Kossof, an Associate at the Beijing office of TransAsia Lawyers, about this new development. There has been substantial interest from foreign investors and companies in Shanghai’s free trade zone. Which appears […]
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 […]
For international law firms, China alone does not make an Asia Strategy
In February 8, Asia Law Portal’s Twitter feed (@AsiaLawPortal) – tweeted an announcement from international law firm Norton Rose (@NLegal_Global). That they’d added an Asia section to their Financial Services Regulation Blog. Richard Smith (RWS_01). The Australia-based legal business development professional responded to that tweet with […]
An interview with the American Bar Association (ABA) leadership on the upcoming 2015 ABA Asia Forum in Tokyo
The International Law Section of the American Bar Association (@ABAInternatl) will gather on March 2-3, 2015 in Tokyo, Japan for the 2015 Asia Forum. The conference will focus on Recent Trends and Developments in the Regulatory Environment, Transactional Practice and Dispute Resolution. As a follow-up to […]
Hong Kong legal market at epicenter of booming investment into China
Foreign Direct Investment (FDI) into China will double over the next six years, according to a new report from international law firm King & Wood Mallesons (KWM) (@kwmlaw). As the report outlines, foreign direct investment in China will reach 1.3 Trillion GBP by 2020. And as […]
Asia’s social media-savvy law firms are here
Enrique Dans (@edans) Professor of Information Systems at IE Business School in Madrid (@IEbusiness), has written a fascinating article published in Forbes last week, entitled. The Social Company is Already with Us. In that article, Dans’ article highlights the evolution of today’s workplace from physical spaces to […]
5 Trends to watch in the Asian legal market in 2015
5 key trends appear to be shaping the Asia-Pacific Region’s legal markets in 2015 and are worth paying close attention to as the year progresses. Here they are: Increased M&A Activity In an interview this week, Herbert Smith Freehills (@HSFlegal) Partner Rebecca Maslen-Stannage discussed the strength of M&A […]
Where are Asia’s Legal Startups?
In a blogpost entitled: Where are The Legal Web Startups in Asia? Jeffrey Ling explained: “Ever since I embarked on my very own legal web startup project in June 2012. I started paying attention to legal web startups around the world. And I have been noticing a […]
Hong Kong Legal Startup: A Q&A with Chris Sykes, Client Services Director, Dragon Law
As Iris Leung (@irismtleung), Editor at StartupsHK and Contributor at Forbes Asia wrote just last week: “The limelight has long been shed on Hong Kong legal startup-friendly destination. Besides efficient business setup, a robust legal system, an easygoing regulatory environment and a simple tax system – one […]
12 law blogs in Asia to follow in 2015
As a follow-on to a post published on Asia Law Portal last October entitled: 10 law blogs in the Asia-Pacific Region worth following — below is a new list of even more Asia-Pacific Region law blogs that are also interesting and informative — and that you too […]
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 Devonshire-Ellis (@cde_asia) — Founder of Dezan Shira & Associates (@DezanShira) and […]
Asia-Pacific remains Australia’s largest regional export market
The growing importance of the Asia-Pacific Region for international law firms is confirm again in a new study. The Law Council of Australia conduct this study. The study — with the title Fourth Legal and Related Services Export Survey‘. And Australia-based legal business development professional Richard Smith […]
Can the Big4 accounting firms defeat BigLaw in Asia?
There are many documents 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 Capital traces the history of large accounting firms presence in […]
Asia-Pacific Region General Counsel: Their preferences when selecting outside counsel
Sydney-based legal business development professional Richard Smith (@RWS_01) has outlined in a blogpost this week. They discuss what Asia-Pacific Region In-House Lawyers are looking for from their outside counsel. Smith based his post on an article by “Legal Week’s Elizabeth Broomhall (@ELBroomhall) [who] wrote up a very succinct account […]
PwC poised for success in the Japanese legal market
“PricewaterhouseCoopers (PwC) has launched a legal services arm in Japan” – as Elizabeth Broomhall (@ELBroomhall) reported last week in Legal Week. “The big four accounting firm began providing legal advice in Tokyo [in November] debuting with one partner offering local law advice and focusing on corporate and […]
Japan and Turkey seizing the potential for growth
Diplomatic and trade relationships between Japan and Turkey have continuously developed since the 19th century. Despite these longstanding links, the economic relationship between the two states did not evolve sufficiently until late twentieth century. In the 1980’s, a consortium involving Japanese firms constructed the Fatih Sultan […]
China’s legal market in 2014: An overview
A recent book entitled: A Comprehensive Guide to the Asia-Pacific Legal Markets – provides in-depth analysis of the prime legal markets in the Asia-Pacific region. Among the most important of course, is China. Here are some of the highlights of that analysis: AS VICTORIA Ruan reported […]
Chinese law firms a focus of Israel’s 2nd Foreign Law Firms conference
Chinese law firms and China-Israel bi-lateral trade and investment will be a major focus of Israel’s 2nd Foreign Law Firms conference. The conference will be on Dec 9th in Tel Aviv. Organized by the Tel-Aviv District of the Israel Bar Association led by Adv. Efi Nave […]
Wolters Kluwer Hong Kong: Making law readily accessible on one online platform with PrimeLaw
The idea that “The law should be readily accessible” lies “at the heart of the development” of PrimeLaw — Wolters Kluwer Hong Kong’s major product in the making for the past year — according to Chloe Lau, Head of Publishing and Product Development for the company. […]
Current trends shaping Vietnam’s legal market in 2014
Current trends shaping Vietnams 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 entitled A Comprehensive Guide to the Asia-Pacific Legal Markets. Below are excerpts from Wong’ analysis: Despite […]
John Appleby: My life as a practicing lawyer in Tonga
John Appleby, Barrister & Solicitor with Ladbrook Law in New Zealand provides a fascinating account of his life as a practicing lawyer in Tonga from 1993 to 1999 – in a new book entitled A Comprehensive Guide to the Asia-Pacific Legal Markets. Here are some excerpts […]
Hong Kong-based Custom Legal seeks to make legal services accessible to all people
Earlier this year, Janice Chew co-founded Custom Legal Solutions with a firm belief in universal access to professional services. Malaysian by nationality, she was admitted to the High Court of Hong Kong as a Solicitor as well as the High Court of Malaya as Advocate and […]
Hong Kong-based LawTranslate eyes the global legal translation market: A Q&A with Founder and Director Barry Wong
Recently Asia Law Portal had the opportunity to sit down with Barry Wong, Founder and Director of Hong Kong-based LawTranslate (@lawtranslatecom). It was to discuss the company, its core services offer, and plans for the future. LawTranslate focuses on translation services to the legal services sector […]
10 law blogs in the Asia-Pacific Region worth following
Last year The Lawyer reported that law firms in Asia have “virtually no appetite” for social media. The Lawyer cited a study by Living Ratings. It studied the social media trends “of 60 firms, both international and local, in three jurisdictions, Australia, Hong Kong and Singapore.” […]
Is Australia the world’s most competitive legal market?
“For many, the Australian legal marketplace presents something of a quandary. On the one hand, its close proximity to the fastest growing legal marketplace on Earth – Asia, makes it an extremely attractive jurisdiction to be located in. On the other hand, with a population of […]
NewLaw in Asia: The rise of AdventBalance
As prominent strategists in the legal services sector have outlined, the “NewLaw” business model is in increasing ascendance globally. And it is in use in greater frequency among legal services companies (including — but not limited to — law firms in Asia) seeking to provide lower […]
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 — the indigenous law firms in Asia for its regions face a rapidly evolving […]
Will India’s new government liberalize the country’s legal market?
Legal news in Asia and the markets across the Asia-Pacific region have been liberalized in recent years. Liberalization of the Singapore, Malaysia, Hong Kong, South Korean and Indian legal markets are all at various stages of development. India, arguably, is the least liberal among them. Member […]
Change comes slowly to the South Korean legal market
While a liberalized legal market and emerging technologies are transforming Korea- change is slow for the country’s legal market — according to Ryan Russell – a corporate finance attorney with Kim & Chang in Seoul and noted author of Kimchi Law Blog. Russell outlines his thoughts […]
K&L Gates Asia-Pacific Strategy: A Report
An exclusive report by US-based international law firm K&L Gates on its Asia-Pacific Strategy are among the highlights of a new book by this author, namely “A Comprehensive Guide to the Asia-Pacific Legal Markets“. Integral to the book was the participation of the region’s lawyers in […]
“Dynamic forces” seen changing China’s legal market
“Dynamic forces” changing China’s legal market is one highlight of a new book which provides “A Comprehensive Guide to the Asia-Pacific Legal Markets. “ Integral to the book was the participation of the region’s lawyers and legal services sector professionals. They provide commentary and analysis of […]
Conventus Law forges a new path for lawyers to engage online in the Asia-Pacific Region
The digital economy in the Asia-Pacific market and its intersection with law firms in Asia and legal services in the region are one highlight of a new book by this author which provides “A Comprehensive Guide to the Asia-Pacific Legal Markets“. Integral to the the book […]
How change is transforming Singapore’s legal market
Key changes transforming Singapore’s legal market are one highlight of a new book by this author which provides “A Comprehensive Guide to the Asia-Pacific Legal Markets.” Integral to the book was the participation of the region’s lawyers, legal services sector professionals, and law firm management in […]
Mayer Brown launches Asia trade consulting arm in Singapore
International law firm Mayer Brown, one of the world’s 22nd largest law firms in Asia, has launched an Asia trade consulting arm in Singapore, according to a media release issued by the firm last week. Richard Smith (RWS_01), Australian business development professional, also noted the event […]
New research outlines Asia-Pacific regional opportunities for international law firms
Eric Chin (@EricJYChin), Senior Analyst to the professions at Beaton Capital in Melbourne has just published new research about international law firms in the Asia Pacific region. As Chin frames: “The Asian Century is upon us. And from many…accounts, this is also true for professional service law […]
The state of free-trade in Asia-Pacific: An interview with Eric Emerson, Steptoe & Johnson LLP
Free trade in the Asia-Pacific region has received much attention in recent years. Two major proposed trade agreements are currently center-stage in the region, The Trans-Pacific Partnership (TPP) and The Free Trade Area of the Asia-Pacific (FTAAP). “The Trans-Pacific Partnership (TPP) is a proposed expansion of the […]
Exploring the Impact of Global LPO on the Business Landscape
The global market of Legal Process Outsourcing (LPO) was estimated to be USD 13.2 Bn in 2022. And the expectations are to reach USD 134.7 Bn by 2032, growing at a CAGR of 29.6% from 2023 to 2032, according to a report published by Market.us. Legal firms […]
Five critical strategies for US law firms to succeed in Asia
Professional services providers around the world have much opportunity in the Asia-Pacific region – should they approach the market with 5 critical actions, according to a new report by Eric Chin, Senior Analyst at Beaton Capital in Australia. Chin first outlines 5 key opportunities for professional […]
Asia-Pacific legal social media pioneers of Conventus Law celebrate 2 years in business
Hong Kong-based digital legal pioneers at Conventus Law marked their second year in business with a celebratory event at the Hong Kong Maritime Museum on January 22, 2014. Conventus law is digital media platform designed to connect the Asia-Pacific legal community with business leaders from around the […]
When Will NewLaw Firms Be Relevant In Asia?
With the NewLaw business model gathering pace in many developed economies it’s time to ask ‘When will NewLaw firms be relevant in Asia? To date the spread of the many types of NewLaw firms has been mainly confined to north America, the UK and Australia. When will […]