14 Asian Legal Business | November 2024 ALB Fast 30: Asia’s Fastest Growing Firms 2024 As the legal landscape in Asia evolves rapidly, an increasing number of law firms are capitalising on the region’s economic growth by adopting innovative technologies and strategic approaches to meet the demands of a more interconnected global market. In its fourth edition, the ALB Fast 30 list recognises such firms that have made remarkable contributions to shaping the future of the legal industry in Asia, establishing themselves as leaders in an increasingly competitive and dynamic environment. The list is arranged alphabetically, and some firms have been profiled. List by Asian Legal Business, Text by Bingqing Wang The firm is also well-known for its dedication to pro bono and social impact. AVYA is a pro-bono advisor for 5 social impact entities that empower refugee rights, work towards poverty elimination, and promote Indonesian art & culture. The firm’s members also regularly contribute to global intellectual discourse by writing op-eds on public policy and political affairs that have been published by prominent international news outlets in 5 countries: Nikkei Asia (Japan), the Straits Times (Singapore), the Lowy Institute (Australia), the Jakarta Post (Indonesia), and the Star (Malaysia). Izad Kazran & Co Malaysia Izad Kazran & Co, under the leadership of its managing partner Kho Sze Jia, has rapidly established itself as a formidable presence in the Malaysian legal landscape. The firm was recognised for its exceptional growth strategy, which focuses on three key pillars: strategic talent acquisition, client-focused innovation, and aggressive regional expansion. Over the past year, the firm has expanded its headcount by 10, reflecting its commitment to enhancing service quality and meeting growing client demands. AVYA Law Firm Indonesia AVYA Law Firm, established in 2019, has quickly become a trusted advisor for high-stakes legal challenges in Indonesia, specialising in private wealth, tax, complex restructuring, complex disputes, and asset protection. With a dedicated team of five partners, led by managing partner Alldo Fellix Januardy, AVYA delivers “tailored advocacy for unique legal matters”, expertly addressing the needs of ultra-high-net-worth family offices, government bodies, and corporations. The firm’s key practice areas— private wealth & family office, charities/ philanthropy, government law & policy, and commercial litigation—demonstrate AVYA’s commitment to impactful and client-focused legal solutions. In one notable case, AVYA successfully represented a high-net-worth family in a $15 million inheritance dispute, securing a favourable ruling and guiding them to continue the legacy business securely. In another complex case, AVYA safeguarded a family’s assets from a $63 million liability, showcasing its prudent approach to strategic asset protection and navigating complex restructuring. ALB Fast 30: Asia’s Fastest Growing Firms 2024 Izad Kazran & Co has attracted prestigious clients, including A & W (Malaysia), ContiTech (a group of Continental), and the Employees Provident Fund (EPF), reflecting its expanding influence across diverse sectors. In the past year, the firm reported impressive revenue growth of approximately 57%, bolstered by the addition of new practice areas such as the Environmental, Social, and Governance (ESG) Practice Group and dedicated desks for China and ASEAN businesses. The firm continues to leverage key developments that enhance its competitive edge in the legal market through talent growth by hiring mid-senior lawyers, boosting expertise and turnaround times. Investments in AI-driven tools and secure portals have improved efficiency and client service. Additionally, the firm has strengthened crossborder partnerships and is actively pursuing ESG expertise through ongoing education. With a vision of becoming “An Asian Firm with local expertise, and world-class standards,” Izad Kazran & Co is poised for continued success as it solidifies its position as a leading law firm in Asia. For the methodology and other details, please visit www.legalbusinessonline.com
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