The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Malaysia could be the next Asian country to liberalise its legal market. The government is considering lifting restrictions, allowing foreign firms to enter into joint ventures with local counterparts.
Datuk Dr Rais Yatim, a minister in the prime minister's department, told The Straits Times that although the government is opposed to full liberalisation, alliances in some areas were feasible. "In commerce and trade, financial sector, IT and intellectual property, there is scope for foreign participation," he said. The Malaysian Bar Council, traditionally against liberalisation, will question Malaysia's 10,000 lawyers before assessing its stand on the matter. Its president Mah Weng Kwai said: "The council prefers the status quo, but we don't want to be ostriches." He added that strong opinion in favour of change could influence the council to alter its stance.