1 Asian Legal Business | October 2024 COVER STORY 14 Asia 40 Under 40 2024 Rankings by Asian Legal Business, text by Bingqing Wang Continuing its tradition, the list recognizes exceptional legal talent across Asia, selected from over 500 outstanding nominees. The lawyers featured on the list were meticulously chosen through a rigorous selection process, evaluating their work quality, client recommendations, and their potential for future growth. FEATURES 12 A digital balance Japan and South Korea are crafting intricate strategies to balance digital progress with regulatory oversight. 22 Tokyo takeovers Japan’s relaxed monetary policy and corporate restructuring efforts are driving an increase in M&A deals. 24 Top 15 North Asia Litigators 2024 The region’s leading litigators offer insights into the strategies and mindsets that have propelled them to the pinnacle of their profession. Contents October 2024 BRIEFS 3 Headlines 6 Forum 7 Deals 8 Explainer 9 Appointments 10 The Q&A 28 Safer haven As Singapore and Hong Kong compete to attract ultra-wealthy family offices, legal experts weigh in on their rivalry. 30 Clear signals Saudi Arabia’s new investment law is a legislative ace up the kingdom’s sleeve that signals a conducive, clear and equal-opportunity climate for global capital. But only time will tell whether this new law will truly be a game-changer, or just another mirage in the desert of economic reforms. 34 Beyond borders South China is leading China’s global expansion in manufacturing, technology, and new energy sectors, and the region’s law firms are innovating legal services and training cross-border talent to meet growing compliance demands. 38 Geopolitical gridlock In an era of escalating geopolitical tensions, Asian companies find themselves navigating an increasingly complex sanctions landscape and experiencing an urgent need for robust compliance programmes. 8
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