ENERGY: Renewable Roadblocks
Law firms interviewed: A&O Shearman; Reed Smith
In recent years, the combination of trade conflicts, the pandemic, and regional tensions have resulted in increased volatility for businesses in the energy, transportation, and commodities sectors. In Southeast Asia, where the transition to green energy is one of the…
MIDDLE EAST: Eastern Promise
China's economic ties with the Middle East have been rapidly expanding, with bilateral trade reaching approximately $500 billion in both 2022 and 2023.
MIDDLE EAST: ‘Law firms offer very little innovation’
Mohammed Jamil is the group general counsel of Saudi Arabian lubricant maker Petromin Corporation. 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 Corporation (SABIC), Kuwait Finance House, and TRW.
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.
GC Profile: Alex Au, Director – General Counsel (Corporate & Investment), Link Asset Management Limited
In the fast-paced world of Asian business, general counsels are playing an increasingly important role in shaping corporate strategy. These legal experts are now at the forefront of innovation, building trust, and driving their organizations forward. ALB recognises Alex Au, Director and General Counsel (Corporate & Investment) at Link Asset Management Limited, as one of ALB Asia's top general counsels for 2024.
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.
India 2011: Still chaotic, still promising
Despite all the dragon and elephant comparisons between China and India, Asia’s rising superpowers, the truth is that the two countries could not be more different. Whereas China prides itself on its uncompromising efficiency and clinical growth, India is more often than not perceived as loud,colourful and messy, mired in scams and scandals, and with individual achievements usually tending to happen in spite of the existing system,instead of because of it. The legal sector, then, is not vastly different: despite the cumbersome nature of the judicial system (it is estimated that the current backlog of cases will take several decades to clear, if matters are disposed of at the current rate), much progress is happening, be it through the efforts of judges, lawmakers and governmental bodies, or through the perseverance of individuals and entities rising above the chaos and the din. And yet, as always seems to be the case in India, much work needs to be done.
The Philippines 2011
The call for regulatory reform is a familiar refrain that has plagued Filipino administrations since 1986. As Benigno Aquino cruised to an emphatic victory in the Philippines presidential race in May last year, the euphoria felt was reflected in stock market gains of 3.85 percent that day – in conjunction with a more than one percent boost to the peso.
India 2011: Still chaotic, still promising
Despite all the dragon-and-elephant comparisons between China and India, Asia’s rising superpowers, the truth is that the two countries could not be more different.Whereas China prides itself on its uncompromising efficiency and clinical growth, India is more often than not perceived as loud, colourful and messy, mired in scams and scandals, and with individual achievements usually tending to happen in spite of the existing system, instead of because of it. The legal sector, then, is not vastly different: despite the cumbersome nature of the judicial system (it is estimated that the current backlog of cases will take several decades to clear, if matters are disposed of at the current rate), much progress is happening, be it through the efforts of judges, lawmakers and governmental bodies, or through the perseverance of individuals and entities rising above the chaos and the din. And yet, as always seems to be the case in India, much work needs to be done.