Asia-Pacific

The latest legal news and analysis from law firms across the Asia-Pacific region

News

Hong Kong

Dentons adds Bird & Bird litigation team in Hong Kong

Dentons‘ Hong Kong office has hired a five-strong team from Bird & Bird to expand its litigation practice. The team joining Dentons is led by partner Richard Keady, who headed Birth & Bird’s international dispute resolution group in Asia Pacific, and consists of partner Robert Rhoda and three associates. Keady has spent the past 18 […]

Hong Kong

Paul Hastings Hong Kong chair moves in-house for global GC role

Paul Hastings’ Hong Kong partner and office chair Steve Winegar has moved in-house, taking up a new role as international general counsel at Chinese insurance giant Ping An. The move will see Winegar returning to an in-house position in the financial sector. He joined Paul Hastings as a corporate partner in 2010 from Goldman Sachs, […]

Seoul

Simpson Thacher to close Seoul office

Simpson Thacher & Bartlett is closing down its operation in Seoul after six years, making it the first global law firm to pull out of South Korea. South Korea opened up its legal market to international firms in 2012, resulting in an influx of international law firms setting up shop. The firm relocated its Korea […]

Shanghai urban network - Stock image China - East Asia, Shanghai

China’s Zhong Lun gets behind new AI platform to boost trade

A new bilingual legal tech platform has been launched in China that could save lawyers “lost in translation” and boost foreign investment going into and out of the country. Supported by Beijing officials and a pool of international law firms, beta trials are underway to test docQbot, a cloud-based contract bot said to draft quality […]

Perth

Clifford Chance’s Perth head decamps for Norton Rose Fulbright

Clifford Chance’s Perth managing partner has left the firm for Norton Rose Fulbright in the latest high-profile exit from the magic circle firm’s Australian office. Paul Lingard, a partner in Clifford Chance’s mining group, is moving over to Norton Rose Fulbright, alongside Herbert Smith Freehills executive counsel Miriam D’Souza. She too is joining Norton Rose’s corporate […]

CMS bulks up in Hong Kong with eight-lawyer team hire

Months after agreeing a new tie-up in Hong Kong, CMS has increased lawyer headcount in the region after snaring an eight-lawyer team from RPC. Partners Andrew Horton and Steven Wise are leading the move to CMS, which earlier this year struck up a new association with Hong Kong firm Shirley Lau & Co increasing its capacity to offer […]

Beijing

Cooley bulks up Beijing office with Kirkland hire

Cooley is beefing up its Beijing office with newly-appointed partner Henry Yin from Kirkland & Ellis. Yin was previously a Hong Kong partner at Kirkland & Ellis, which he joined in 2014, and started his career at Skadden Arps Slate Meagher & Flom’s New York office in 2009. He deals with corporate matters such as […]

Analysis

Picture showing data streams over robotic head to illustrate legal tech experts and law firm technology

The Asian law firms investing in legal technology

In a highly competitive and low-growth market, firms are increasingly turning to technology and innovation to stay ahead of competition while boosting efficiency and profitability. Asia-based firms are no exception. Those in Australia and Singapore, where growth has been harder to achieve, are leading the charge. Over the past few years, ‘legal hackathon’ and ‘design […]

Featured Briefings

Natural monopolies in Kazakhstan distrusting potential investors

By Shaimerden Chikanayev The importance of the so-called natural monopolies in Kazakhstan can be seen in the fact that some of Kazakhstan’s largest and most powerful corporate empires, such as the KEGOC (national transmission grid operator) and KTZ (national railway company), are officially subject to natural monopoly regulation. The obvious lack of transparency in the tariff-setting […]

Kazakhstan: Amendments to the Securities Market Law and NBK Regulation affecting AIFC

By Joel Benjamin, Adlet Yerkinbayev, Kuanysh Shekerbekov The briefing discusses below the changes to (i) the Securities Market Law, effective 21 October 2018, and (ii) the NBK Regulation, effective 8 October 2018, affecting certain matters related to the Astana International Financial Center (AIFC). The note is intended to be a helpful guide – it is therefore not comprehensive […]

Using blockchain in advertising

In our report, ‘The Ultimate Disruptor: How Blockchain is Transforming Financial Services’ we explored how blockchain is being utilised in banking and finance as well as other more surprising industries. While only 20% of respondents in our research felt that blockchain would benefit advertising, the technology is already being seen to create innovation in this […]

Protectionism: The effect on tech innovation

By Jocelyn S Paulley In an ever ­more digital and data-­driven world, it will become increasingly important for General Counsel to be able to navigate the web of digital protectionist laws (laws that prevent the overseas collaboration that is needed for technology to properly develop), in much the same way that they have needed to know […]

New world digital trade order is no mean feat

By David E Brennan The widely reported ­ and still ongoing ­ China­-US trade war is still very potent as the ‘tit for tat’ nature sees almost weekly retaliations by each country to respective trade tariffs on goods and services. Interestingly, our report on global protectionism has found that both are poles apart where levying […]

Liability for failure to remove information damaging business reputation online

Since April 23, 2018, the provisions of the Federal Law No. 229-ФЗ “On Enforcement Proceedings” dated October 2, 2007, regulate the procedure for enforcement of the requirement contained in the executive document to remove information distributed on the Internet that defames the honor, dignity or damages business reputation of a citizen or damages business reputation […]

How to register a business in Astana International Financial Centre

The Astana International Financial Centre (AIFC) was launched on the 5 July 2018. It is a financial hub located in Astana, Kazakhstan. The aims of AIFC are to attract investment and bring in clients from Asia, Europe and the Middle East. AIFC offers a favourable environment to appeal to Western markets. Preferential tax regime, common […]

#MeToo and strategies to mitigate risk

In the wake of #MeToo and similar social media movements, sports organisations are particularly exposed. Beyond the reputational damage that an organisation can suffer from, should one of its members be found to have engaged in sexual misconduct, there is a risk of legal liability for failing to create an environment that is safe for […]

Technical IP disputes in China: appeal of first instance changes

On 26 October 2018, China approved changes to litigation procedures for patents and other intellectual property (IP) cases, which fundamentally changes how the appeal process will work for certain technical IP disputes. The decision implements a new regime that will permit the Supreme People’s Court to hear appeals from first instance civil cases in relation to […]

Uzbekistan market – An insight

Uzbekistan has joined the Paris agreement on climate change. The signing ceremony took place at the United Nations headquarters in New York on 19 April 2017. On 27 September 2018, the Senate Oliy Majlis approved the law on ratification of the Paris agreement (Paris, 12 December 2015). The Paris agreement is a document adopted within […]

Threat of digital protectionism in US and China

By Bernardine Adkins The standard weaponry of so-called trade wars are tariffs and quotas – observe the most recent tensions between the US and China where both have been spurring each other on in increasing tariffs on aluminium, steel, and aircraft parts. Our Protectionism 2.0 report considers something different in the trade landscape – the threat […]

IHT nil rate band not highly beneficial for homeowners in the South East

By Aidan Grant The inheritance tax nil rate band has been frozen at £325,000 since April 2009 and the Government appears to have no plans to increase this threshold in the near future. When the increase in house prices in London and the South East is compared over this time period it is small wonder that […]

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