Opening up
BY Ranajit Dam |
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.