Advancements in attitudes still being tested by ongoing Covid-19 crisis

10 October 2021 is World Mental Health Day, which seems particularly timely as we continue to confront Covid-19. The legal industry, both law firms and in-house departments, are increasingly seeking to promote the importance of an emotionally and mentally healthy workplace and at the same time demonstrate their respect for the rights, diversity, and individualContinue reading “Advancements in attitudes still being tested by ongoing Covid-19 crisis”

The Age of the Chief Legal Officer

By Sherry Xu The role of Chief Legal Officer (CLO) has been growing in importance as C-suite and board leaders become more aware of the elevated risk conditions they are working in and the long-term cost of those risks. This heightened awareness has correspondingly caused high-functioning legal teams to expand their priorities and capabilities toContinue reading “The Age of the Chief Legal Officer”

The right time for lawyers to return to the office?

Morgan Stanley’s Chief Legal Officer, Eric Grossman, has demanded their outside law firms return their lawyers to the office en masse. However most law firms who act for Morgan Stanley have already incorporated some remote working into their return plans after the pandemic. The request immediately delivers a real headache for firms trying to placateContinue reading “The right time for lawyers to return to the office?”

Legal markets improve, but the shadow of Covid-19 lingers

New and more contagious Covid-19 variants continue to penetrate the world’s major economies, but overall the Asia Pacific legal market continues to grow. We have seen a good level of hiring activity in the first quarter, particularly in January. The massive disruptions of 2020 uncovered both challenges and opportunities for all legal practitioners. It isContinue reading “Legal markets improve, but the shadow of Covid-19 lingers”

How to ace your partner interview

Partner recruiting in general is a complex and lengthy process. It can take anywhere from a couple of months to over a year. At the core of the process are the interviews with prospective colleagues and leaders at other firms. In preparing a partner-level interview, you have to be able to present a compelling appraisalContinue reading “How to ace your partner interview”

How your firm can stand out and hire the “right” lawyers in the post-Covid-19 period?

The competition for legal talent remains fierce, even with the pandemic still hampering the economy globally. While approaching the post-pandemic period, law firms, alongside companies across all industries and sectors, in need of new talent will have to hire externally to support their anticipated quick recovery. Therefore, finding the “right” talent is a core driverContinue reading “How your firm can stand out and hire the “right” lawyers in the post-Covid-19 period?”

Tips To Take You To The Top

For many law students and attorneys, becoming a top law firm partner is the ultimate career milestone. What does it take to make partner? Certain things you can learn in law school, but the path to partnership is forged in the workplace. Nowadays, delivering very high-quality legal work and being a rainmaker may no longerContinue reading “Tips To Take You To The Top”

Asia LegalTech Overview, Singapore

Singapore has a thriving LegalTech industry more advanced than most of its Asian neighbors, as LegalTech startups and programs have received substantial government backing in the past few years. We believe nowhere else in Asia has the same level of sovereign investment in LegalTech and innovation as Singapore. LegalTech initiatives are supported as part ofContinue reading “Asia LegalTech Overview, Singapore”

India In-house Legal Market Overview – 2020

India has one of the largest legal profession set-ups in the world, fittingly sitting alongside the world’s largest democracy. Which means disruption, doubts, and delays caused by Covid-19 were exacerbated in this market more than most others. Hiring activity remained busy throughout, however, and it will be fascinating to see whether such activity continues inContinue reading “India In-house Legal Market Overview – 2020”

Are you ready? Legal hiring trends to look out for in 2021

Markets expect the world’s economy will bounce back once vaccination programs are underway. Once economic activity increases in the post-vaccine period, we believe that hiring activities will go back to the pre-Covid-19 level.  We have continued to see good levels of recruitment activity in Asia since Q4 2020. Both recruiters and jobseekers should be well-preparedContinue reading “Are you ready? Legal hiring trends to look out for in 2021”

2020 Review: Asia Legal In-House Commerce

2020 has been the most challenging year in decades, the Covid-19 virus has wreaked chaos across the globe and all industries, and the Asian legal services sector is not immune. To combat Covid-19 with resilience, many companies were trying hard to adjust their operations to react to the fast-changing circumstances – revenue, budget, headcount, andContinue reading “2020 Review: Asia Legal In-House Commerce”

Is it time for law firms to support working from home as a general policy?

It is likely that the Covid-19 pandemic will change how we work forever. Technology giants such as Twitter and Facebook have been taking the lead on a permanent shift towards working from home. Siemens, the German conglomerate, has announced a policy of letting its employees work from where they are most productive, whether that beContinue reading “Is it time for law firms to support working from home as a general policy?”

Evolve from Visible to Recognizable

Decades ago, when corporations or individuals demanded legal services, word-of-mouth was probably the most common marketing approach for law firms and lawyers to build their brand and attract new business.  Then came the legal directories and associated press which heralded a new era in law firm advertising, but the advent of the internet and itContinue reading “Evolve from Visible to Recognizable”

Partner promotions amidst unprecedented conditions

In keeping with the tradition, UK law firms including the Magic Circle firms, announced new partner promotions for 2020 recently despite the industrywide uncertainty. A desire to retain the best talent has been cited as the driver behind. Although the current challenging conditions, the largest UK firms believe investing in people is the very coreContinue reading “Partner promotions amidst unprecedented conditions”

Growth amidst COVID-19 turmoil

It would be an understatement to say that the coronavirus pandemic has affected us all and the global economy. The hit on the macro economy makes belt tightening unavoidable for many businesses around the world. Financial markets have been erratic, the international supply chain has been disrupted, and companies across the globe are operating atContinue reading “Growth amidst COVID-19 turmoil”

The Legal Industry Commits to Improving Mental Health but Still a Long Way to Go

Legal practice is a demanding profession. It requires extremely long working hours, large workloads, and often unrelenting client requirements. The increased accessibility facilitated by new technology development further intensifies workplace stress among lawyers. Stress, emotional, and physical exhaustion, as a result, causes burnout, adversely contribute to anxiety and mental health issues. Awareness around mental healthContinue reading “The Legal Industry Commits to Improving Mental Health but Still a Long Way to Go”

China’s Legal Market: Trends and Observations in 2019

China has experienced a high level of instability throughout the year due to domestic crises and international disputes. However, global players and the country’s leading law firms have continued to expand in China. The Shanghai Free Trade Zone (FTZ) and the Greater Bay Area have contributed to the growth. The rise of joint operation inContinue reading “China’s Legal Market: Trends and Observations in 2019”

India’s evolving legal services market points to a busy road ahead for 2020

Overview India houses the world’s second largest legal professionals market with more than 600,000 lawyers. Although the Indian legal services sector is one of the most restricted of the largest markets, initiatives are now being taken to gradually open it up, for example by allowing foreign lawyers to visit India on a ‘fly in /Continue reading “India’s evolving legal services market points to a busy road ahead for 2020”

Hughes-Castell Perspective: Asia Legal Markets Preview 2020

China-US trade conflict escalation, GDPR, and new technology will continue to influence developments in the legal industry. Our market insights team has monitored various industry developments and summed up some of the top trends will shape the legal industry by 2020: 1.China-US Trade Conflict Continues The trade conflict between China and the United States isContinue reading “Hughes-Castell Perspective: Asia Legal Markets Preview 2020”

Vietnam market heats up on the back of renewable energy drive

The inaugural Hanoi In-House Congress on 19 November 2019 brought together a number of in-house lawyers, CEOs, compliance professionals, company directors and private practice lawyers for series of discussions on the current state and future projections of the growing Vietnamese market. With various senior lawyers flying up from Ho Chi Minh City to attend thereContinue reading “Vietnam market heats up on the back of renewable energy drive”