U.S. law firm Loeb & Loeb has expanded its capital markets team in Hong Kong by hiring Shirley Lau and Polly Liu as partners from Lau Horton & Wise, the Hong Kong association firm of CMS that was founded by Lau.

Magic Circle law firm Linklaters has bolstered its India-facing corporate offering by hiring private equity funds specialist Sayak Maity as a partner in Singapore from White & Case.

The United States has extended its sprawling trade and technology control regime to cover the biotechnology sector as it is determined to “de-risk” from China.

With China sputtering out of global investors’ sights, buyout firms sitting atop a record amount of unused capital increasingly turned to Southeast Asia.

China is grappling with an escalating demographic crisis. In 2023, the senior population has ballooned by 30 million in the world’s second-largest economy, taking the total size of the elderly class to 300 million – almost a fifth of the country’s population.

TikTok has been engulfed in regulatory whirlwinds across the world, which have put a dent in its global ambitions. In the United States, the popular social media app owned by ByteDance faces a ban unless its Beijing-based parent company divests its U.S. operations, and in Indonesia, TikTok had to temporarily quit its e-commerce business as its shopping arm ran into a slew of obstacles.

Over the past few months, Singapore’s Allen & Gledhill has declared its intention to keep expanding regionally through the opening of a rep office in Shanghai and the launch of a new alliance in Indonesia.

Government lawyers and in-house counsel are stereotypically known for having an easier life than private practice lawyers, with greater perks and better work-life balance. But lately, the South Korean legal market has witnessed a rise in “moving private,” a trend that has seen judges, government lawyers and corporate counsel left for private practice.

Generative AI is ushering in a new era of productivity, and Big Law firms have taken the lead in adopting this groundbreaking technology within the legal industry. However, small and medium-sized law firms are also making efforts to leverage the benefits of Generative AI while closely monitoring potential risks. These firms share with ALB the steps they are taking to efficiently embrace AI and harness its capabilities.

As the transformative era of Gen AI continues to redefine creativity, it is also igniting debates on copyright laws and ethical boundaries.