It’s ofﬁcial: Law ﬁrm hiring has well and truly recovered from the pandemic. Lateral moves across Asia’s legal markets in the ﬁrst quarter of this year have already surpassed the number from the entirety of 2020. In mainland China alone, ALB recorded more than 40 lateral hires in the ﬁrst two months of 2021.
As law firms look ahead to a future when COVID-19 is contained, many in leadership positions have taken the past year to reevaluate the way they work and the role technology plays in their organisations. Rama Tiwari, who was appointed chief executive of the Singapore Academy of Law earlier this year, offers advice about planning for the future.
The pandemic has likely permanently altered the legal industry globally in a number of signiﬁcant ways.
Asian regulators should take a more active approach in the ESG matters of boards, advising them on how to better address environmental and social governance challenges, according to recommendations from the Asian Corporate Governance Association (ACGA), an independent, non-profit membership organisation based in Hong Kong.
Making a favourable first impression is important for businesses, and law firms are no exception. Developing good branding is an important way to communicate identity and positioning to clients, but lawyers say that getting it right requires careful consideration.
Even before COVID-19, workplaces have been changing rapidly. Organisations have increasingly been required to deal with mental health challenges such as stress, burnout, and executive loneliness.
The Japanese are widely believed to be averse to conflict, preferring to avoid formal dispute resolution processes and resolve disputes through negotiation.
Anyone who thought shareholder activism would never take root in Japan had a rude awakening at Toshiba’s extraordinary general meeting last month.
In April 2022, the Tokyo Stock Exchange (the “TSE”) will change its current existing market segments to “Standard”, “Prime” and “Growth” markets.
Japan Introduced Very Limited Attorney-Client Privilege for Antitrust Contexts – What in-House Counsel Should Know (EN/JA)BY Masayuki Atsumi |
The Anti-Monopoly Act (“AMA”), Japan’s competition law, went through a major change which came into effect at the end of 2020.