MIDDLE EAST: ‘Law firms offer very little innovation’
Mohammed Jamil is the group general counsel of Petromin Corporation, Saudi Arabia. Jamil has over 20 years of in-house experience working as an attorney across multiple jurisdictions. In the Middle East, he has worked in the legal teams of Yusuf Bin Ahmed Kanoo, Saudi Basic Industries…
RANKINGS: ALB Asia Top 15 GCs 2024
In the fast-paced world of Asian business, general counsel are emerging as key players in shaping corporate strategy. Gone are the days when these legal experts were confined to the sidelines of compliance and risk management. Today, they're at the forefront of innovation, building trust, and driving their organisations forward.
THAILAND: Going Electric
Thailand has established itself as the most dynamic automotive market in Southeast Asia, particularly during a period of industrial transformation in the region. In response to cost and regulatory factors, manufacturers and automakers from China are realigning their supply chains, resulting in increased competition within the Thai market. And while the surge in Chinese electric vehicles in Thailand is creating new opportunities for legal services, lawyers need to adapt quickly to grab their share of the work.
LEGAL NETWORKS: Network-Powered AI
Proactive legal networks are playing a unique role in the proliferation of the latest in artificial intelligence within the legal industry.
EXPLAINER: Can Vietnam’s Updated Telecom Law Help Attract Foreign Investment?
Vietnam, one of the fastest-growing countries in Southeast Asia in recent years, has been eager to bring its economy to the forefront of the latest technological evolution.
BRIEF: Malaysia Offers Investors Cooling IPO Respite During Sluggish Summer
In a year when global IPO markets have wilted under the economic heat, Bursa Malaysia has stood out as a surprising oasis of activity.
Q&A: ‘Technology is key to assisting the evolution of arbitration’
Hong Kong-based LegalTech non-profit eBRAM International Online Dispute Resolution Centre was established in 2018, and currently offers online deal-making and dispute resolution services, among others.
DATA PROTECTION: Cyber Guardians
As digitisation and cyber threats rise, countries in Southeast Asia have enacted laws to protect personal data and prevent cyber-attacks. But with varying requirements across jurisdictions, the compliance burden for companies has only increased, and in-house counsel play a critical role in ensuring compliance with these laws by providing guidance on legal requirements and best practices.
Korea Report: One Man’s Meat
Herbert Smith Freehills recently announced its departure from the South Korean legal market, continuing a steady stream of international law firm exits in the past few years. At the same time, Watson Farley & Williams established a Seoul office, while Ashurst recently became a part of the country’s first-ever joint law venture. Lawyers say that with hurdles like language barriers, growing competition and tight regulations, the key to longevity might involve closely hewing growth strategies to Korea’s market potential.
BRIEFS: SVB Collapse Gives Wake-up Call to Startups on Risk Control
The March 10 collapse of California-headquartered Silicon Valley Bank (SVB), the preferred bank of a significant number of U.S. venture-backed tech startups, has created upheaval in the banking sector beyond American soil.