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.
Financial Sector in Focus
General counsel working in China’s financial sector have endured a particularly challenging period of late. On the one hand, regulation and innovation continue to intensify; on the other hand, new concepts such as ESG and green financing also require legal departments to employ new ideas to support the research and development of financial products. On top of that, in times of uncertainty, financial institutions are increasingly looking to their GCs to play a strategic leadership role. GCs in China’s financial sector discuss how these trends are impacting their work, and what they expect the future to bring.
Green America First
As part of its green transition, the United States recently introduced a tax-break scheme that favoured domestically produced electric vehicles. This has excluded Asian automakers, which currently produce a significant number of the electric vehicles purchased in the U.S., leading them to accuse the Biden administration of breaching international law. Trade lawyers dissect the potential disputes arising from the law, the legal remedies in place, and the ramifications ahead.
Suits for Hire
With the pandemic resulting in a shifting of business priorities, Alternative Legal Service Providers (ALSPs) are having their moment in the sun. One segment that’s rising in prominence is that of flexible lawyers, who are able to provide in-house teams with a high level of expertise at a manageable cost. Players in this segment share with ALB how the pandemic is facilitating their growth, how they are staying competitive, and what the future holds.