The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
The Singapore-US Free Trade Agreement (FTA) signed last week has disappointed US law firms by making little concession towards opening up the legal market to US competitors.
A letter from Singapore's minister for trade and industry to the US ambassador in the region Robert Zoellick confirmed that Singapore will admit to the local bar US-qualified lawyers from four US law schools which have yet to be selected.
However, no mention was made of the easing of legislation in relation to joint ventures, the only concession being an annual review.
"There's very little change. It's just window dressing," said a partner in the Singapore office of one US firm. Despite this, the FTA is likely to bring in more work for US lawyers.
This is the first FTA signed by the US in the Asia Pacific, although Australia and Thailand are likely to follow.