ALB JUNE 2023 (ASIA EDITION)

13 ASIAN LEGAL BUSINESS – JUNE 2023 WWW.LEGALBUSINESSONLINE.COM BRI EFS “The Policy of MFP seems to focus on promoting SMEs and perhaps tech companies that can help transform the country’s data into assets according to MFP’s initiatives,” she says. “The companies must keep an eye on changes in laws or regulations related to their business.” HOW CAN LAW FIRMS HELP CLIENTS NAVIGATE POST-ELECTION THAILAND? With Thailand headed for a new era, law firms are crucial in steering their clients through the shifting political and regulatory landscape. Pavinee says that includes providing clients with updates on legal development and keeping pace with changes in government practices related to their clients’ businesses. “Perhaps, conducting seminars or training for the client’s in-house lawyers would help in keeping the client up to date, which may help the client’s business to overcome these political uncertainties and economic low visibility,” says Pavinee. There are also risks that Pita may not secure enough votes in the Senate to form a government, and his proposed reforms could be crippled by stakeholders and parties affected by the changes. To better prepare, “I believe legal updates and training would help the clients to be able prepared to prevent any risk created by political complications,” notes Pavinee. From a macro standpoint, Pavinee is convinced that an MFP-led coalition government can better equip Thailand to compete with regional economies and withstand global volatility. “If MFP can push all policies into reality, the growth of the Thai economy seems to be significantly improved, and that would increase the competitiveness of Thailand among other countries,” she says. “We need to be prepared for the changes by keeping updated on announcements of regulatory or legislative changes which our firm has been active on,” adds Pavinee. u APPOINTMENTS NUTTAPHOL ARAMMUANG LEAVING R&T Asia (Thailand) JOINING Tilleke & Gibbins PRACTICE Intellectual Property LOCATION Bangkok YOSHIYUKI ASAOKA LEAVING Nishimura & Asahi JOINING Linklaters PRACTICE Corporate/M&A LOCATION Tokyo IRENE Y. KIM LEAVING Samsung Electronics JOINING Yoon & Yang PRACTICE Corporate/M&A LOCATION Seoul GEORGE CYRIAC LEAVING Stephenson Harwood JOINING Morgan, Lewis & Bockius PRACTICE Corporate/M&A LOCATION Singapore JONATHAN GOACHER LEAVING Hill Dickinson JOINING Stephenson Harwood PRACTICE Regulatory LOCATION Singapore JUSTIN MA LEAVING Jingtian & Gongcheng JOINING Stephenson Harwood PRACTICE Corporate Finance LOCATION Hong Kong ELAYNE HEESEUNG SUNG LEAVING Lee & Ko JOINING Yoon & Yang PRACTICE Shipping Finance LOCATION Seoul JACQUELINE TANG LEAVING Kirkland & Ellis JOINING Sullivan & Cromwell PRACTICE Restructuring LOCATION Hong Kong MATTHEW WATSON LEAVING Cox Hallett Wilkinson JOINING Carey Olsen PRACTICE Dispute Resolution LOCATION Hong Kong

RkJQdWJsaXNoZXIy MjA0NzE4Mw==