Clifford Chance Loses Seoul Glow

Clifford Chance’s decision to close its Seoul office is not necessarily a surprise since the Magic Circle firm had had no resident partner in the city for some time but it may also be indicative of a wider trend of global firms reducing their Asia footprints. Upon liberalisation of the South Korean market in 2012Continue reading “Clifford Chance Loses Seoul Glow”

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?”

Legal Move Updates (April – June 2021)

Editor’s note: This is an ongoing list. June 2021 21 Jun – MinterEllison (Sydney, Australia) Australia’s largest law firm, MinterEllison, has chosen property law partner Virginia Briggs to replace Annette Kimmitt as the firm’s chief executive and managing partner. Ms Briggs has been acting CEO since Ms Kimmitt left the firm in March in theContinue reading “Legal Move Updates (April – June 2021)”

Singapore Flings Back in Style

In the wake of closures of several international firms’ offices in Beijing and Hong Kong over the last 12-24 months it is interesting to observe how firms in this sector recalibrate their Asia strategies. By far the most notable positive recent activity has been seen in Singapore, the City State having previously been a hotbedContinue reading “Singapore Flings Back in Style”

Firms eye return to Capital Markets boom times

As the world awaits the roll-outs of the various vaccines at varying rates of distribution, variable according to region, optimism is returning to the Asian markets. In some minds cautious optimism is being favoured following the devastating consequences of the global pandemic and its ongoing fallout, others report a return to regular compensation distribution levelsContinue reading “Firms eye return to Capital Markets boom times”

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”

Embracing 2021 with positivity and aspirations

Dear Friends, Candidates and Clients, I hope this message finds you and your families safe and healthy. We all have experienced the challenging year of 2020, globally or locally, personally or professionally. Pay cuts, layoffs, furloughs, and compensation freezes were everywhere last year. Many in the legal industry were unclear whether things will return toContinue reading “Embracing 2021 with positivity and aspirations”

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”

Legal Move Updates (January – March 2021)

Editor’s note: This is an ongoing list. March  2021 31 Mar – Linklaters (Hong Kong, China) Linklaters has appointed William Liu as its new Regional Managing Partner, Asia for a period of four years from 1 June 2021. William succeeds Nathalie Hobbs who has completed her term in the role and will work closely withContinue reading “Legal Move Updates (January – March 2021)”

Positive Outlook Amidst the Setbacks

2020 has been an unprecedented and challenging year. When the Covid-19 virus broke in January in Asia, businesses learned that remote working was no longer an option but a necessity. Companies and employees in the region were adapting in Q1; thus, we monitored a quiet market. China became the first major economy to begin toContinue reading “Positive Outlook Amidst the Setbacks”

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”

2020 signs off with a bang and a whimper

If 2020 was dominated by a global pandemic, it will be interesting to see if a particular theme will hold similar sway over 2021. We have observed firms adapting to new working conditions, client interaction, marketing enterprises and observers have traded views on how far these new practices will be adopted permanently. Assuming there isContinue reading “2020 signs off with a bang and a whimper”

HK Capital Markets resilient in challenging market

According to Reuters, a recent flurry of IPOs and secondary listings worth at least $4.5 billion due to launch in Hong Kong will put 2020 on track to be the second-busiest year for equity capital markets in the city. Against the backdrop of the turmoil created by the protests earlier in the year which ranContinue reading “HK Capital Markets resilient in challenging market”

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”

Thinking of making a move to an offshore firm?

There are more offshore law firms in service than ever before to meet these increasing needs in Hong Kong. In parallel, we have observed a growing number of lawyers expressing interest in moving into the offshore environment. Considering the rapid growth of the offshore firms’ presence in the Hong Kong market, we  are happy toContinue reading “Thinking of making a move to an offshore firm?”

Working in Law: private practice or in-house?

For lawyers who have worked in private practice for several years, it is not uncommon for them to consider making a career change to an in-house position. Although working in private practice can be a rewarding experience for many lawyers (to gain deep knowledge and practical experience in a specific area of law and let’sContinue reading “Working in Law: private practice or in-house?”

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”

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”