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.
Singapore Outlines SPAC Listing Rules
In September, the Singapore Exchange (SGX) announced it would allow the listing of special purpose acquisition companies (SPACs), as the city-state looks to attract more IPO listings. SGX, which has introduced a new framework, is hopeful the changes will create new opportunities.
India’s Runaway IPO Boom Sparks Hiring Spree
The world is seeing an IPO frenzy at the moment, and India is no exception. According to Bloomberg, companies globally have raised a record $476 billion as of the third week of September, and India’ share is $10.2 billion. At least 64 Indian businesses have hit the equity capital markets in 2021, taking the S&P BSE Sensex to a record, Bloomberg added.
Jumping-off Point
Singapore’s already competitive legal market has seen multiple new entrants this year, including India’s Cyril Amarchand Mangaldas and Khaitan & Co, China’s Allbright, Korea’s Bae Kim & Lee, and the U.S. firms Orrick, Herrington & Sutcliffe and McDermott Will & Emery. While the city-state’s pandemic resilience has certainly been a draw, the firm’s see it as a hub for the fast-emerging Southeast Asian region.