Tag: AsiaLawPortal

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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 capital gains by Foreign Institutional Investors. There were welcome […]

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 […]

A Q&A 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 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 that original […]

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 […]

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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 […]

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Where are Asia’s Legal Startups?

The question posed by the title to this post came from a blogpost of last January by Jeffrey Ling (@lingdecklee), a Taipei-based Lawyer and Startup Evengelist. In that post, Ling outlined:  “Ever since I embarked on my very own legal web startup project in June 2012, I started […]

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Asia-Pacific remains Australia’s largest regional export market

The growing importance of the Asia-Pacific Region for international law firms has been confirmed again in a new study by the Law Council of Australia.  The study — entitled Fourth Legal and Related Services Export Survey‘ — and its’ results — were reported by Australia-based legal business development […]

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 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 — 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 of […]

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 […]

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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 Solicitor.  […]

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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) – to discuss the company and its core services offer and plans for the future. LawTranslate focuses on translation services to the legal services sector […]

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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 […]

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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 Seoul and noted author of Kimchi Law Blog.  Russell […]

New research outlines Asia-Pacific regional opportunities for international law firms

Eric Chin (@EricJYChin), Senior Analyst to the professions on strategy, structure, capital, acquisitions and disposals at Beaton Capital in Melbourne has just published new research outlining opportunities for international law firms in the Asia Pacific region. As Chin outlines: “The Asian Century is upon us and […]

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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 […]