Covid-19, cutbacks and closures

Covid-19 continues to hog the headlines as Hong Kong edges along in reducing social distancing rules and China moves more boldly towards returning its cities to normality. Every day seems to bring further news of international firms instigating cost-cutting measures and, officially or unofficially, freezing all hiring globally even as Asia looks to weather theContinue reading “Covid-19, cutbacks and closures”

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”

Future Skills for Lawyers

For the 21st century, technology literacy is mandatory for many industries, including the legal profession. Lawyers must be technologically equipped to remain competitive in the quickly evolving legal sector. The digital transformation of firms has been boosted because of coronavirus; therefore, legal professionals with digital skills become even more important than they are now. ItContinue reading “Future Skills for Lawyers”

Interview with Adam Au, Former General Counsel pursuing an MBA

We are delighted to have Adam Au, former General Counsel of a Sino-American private equity fund, share his thoughts on pursuing an MBA as an experienced lawyer. A graduate of Brown University and Oxford law, Adam started off his career as a transactional lawyer at top-tier international law firms. In order to have a broaderContinue reading “Interview with Adam Au, Former General Counsel pursuing an MBA”

Legal Move Updates (April – June 2020)

Editor’s note: This is an ongoing list. June 2020 26 June – Clayton Utz (Brisbane, Australia) Baker McKenzie nabs Kirkland partner in 3rd Hong Kong hire in 2 weeks. Derek Poon advises on private equity transactions. 27 May – Trilegal (Mumbai, India) Indian law firm Trilegal has boosted its corporate practice with the hire ofContinue reading “Legal Move Updates (April – June 2020)”

Hiring Trends in Infographics

Hiring Trends amidst COVID-19 Despite the impact of the COVID-19, firms are seeing opportunities for growth in certain practices in various regions. Our quarterly review provides an overview of the key appointments in the region: Locations: *Singapore market remains stable compared to other countries in the region. *China had a quiet January due to theContinue reading “Hiring Trends in Infographics”

Shifting sands in lateral hiring during the COVID-19 crisis

As the Western markets deal with steeply increasing numbers of infections and deaths from COVID-19 and its seemingly inexorable spread, and as a result governments in Europe and across the Atlantic finding it necessary to impose lockdowns on the public, it is difficult to envisage anything but lockdown in the laterals market. In Asia, theContinue reading “Shifting sands in lateral hiring during the COVID-19 crisis”

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”

February Private Practice Review

COVID-19 Has Ripple Effects Across the Market The post-Chinese New Year period is invariably a time of high activity in Hong Kong. The markets emerge from the extended lull of the Christmas holidays running into the Lunar festivities before a surge as many firms rush to close off billings before the end of the financialContinue reading “February Private Practice Review”

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”

Legal Move Updates (January – March 2020)

Editor’s note: This is an ongoing list. MARCH 2020 30 March – Dentons (Melbourne, Australia) Dentons has hired a commercial litigation partner from DLA Piper for its Melbourne, Australia, office to quickly meet client demand for recovery and restructuring advice. 25 March – Bowers (Hong Kong, China) Disputes lawyer Kevin Bowers, a co-founder of theContinue reading “Legal Move Updates (January – March 2020)”

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”

2019 Private Practice Review

Innovation and Resilience the keys to the Asia markets in 2020 Despite footage of ongoing civil unrest in Hong Kong dominating news coverage and the economy plunging into recession at the end of Q3, the legal market remained remarkably steady, although the China-USA trade war continues to foment uncertainty and caution and with no resolutionContinue reading “2019 Private Practice Review”

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”

October Private Practice Review

The headline hire in the Hong Kong market this month is undoubtedly Eversheds Sutherland’s snaring of Mark Hughes from Slaughter and May. Hughes joins fellow Slaughters alumnus Mark Yeadon at the US/UK giant, although their history is curious in that Hughes arrived at the Hong Kong office of the Magic Circle firm just as YeadonContinue reading “October Private Practice Review”