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.
Buying spree
For the first time since the global financial crisis began in mid-2007, biotechnology companies’ spending on research and development is growing at a faster rate than revenue. Also, the growth of biotech crops in the United States appears to have hit a plateau, but farmers are accelerating plantings of genetically modified corn and rice in Asia, notably China, although it still remains a much smaller market. Deena Beasley and Carey Gillam of Reuters report
Shot in the arm
India has proposed a framework for the bankruptcy of financial institutions that will align the country with international standards, and also give banks greater incentive to deal with stressed assets and help address their failures. Raghavendra Verma reports
Opening up
The liberalisation of Malaysia’s legal sector, more than a decade in the making, has finally begun moving ahead in a concrete manner with the amendments to the Legal Profession Act 1976 and the Legal Profession Rules 2014 coming into force on June 3. Ranajit Dam assesses how this could impact the legal industry in Southeast Asia’s third-largest economy, and how local firms can prepare for the entry of foreign outfits.