Full steam ahead for Asia

The world’s leaders and global CEOs are gathering in Bali for the annual Asia-Pacific Economic Cooperation (APEC) summit this week, where strong economic growth across South East Asia will give delegates plenty to talk about.

The absence of US president Barack Obama has already been a key talking point, although secretary of state John Kerry, who went in Obama’s stead, has certainly made his presence felt.

In the shipping and insurance legal world, there are several London firms looking to make their own presence felt in the region.

The past week saw RPC hire Asia insurance head from UK rival Ince & Co in Singapore and Hill Dickinson seal an association with local litigation boutique Laracy & Co for its newly  established Hong Kong base.

In September, Clyde & Co tapped into Indonesia via an association with Indonesian firm Lubis Ganie Surowidjojo, just a month after the firm formalised a joint law venture with Singaporean firm Clasis.

Bulking up in the region is wise. The Asian market is not easy to navigate, so for these firms to become local winners they are going to need all hands on deck.

Also on TheLawyer.com:

IP – DLA Piper: PRC trademark law amendment: the practical implications for brand owners
Employment – Minter Ellison: Paying employees at the death — securing the benefit of the statutory priority
Pharma – King & Wood Mallesons: China’s investigation into drug pricing: what you need to know
Banking – King & Wood Mallesons: Making sense of the Shanghai Free Trade Zone
Litigation – DLA Piper: Can reverse payments in patent settlements constitute criminal cartel conduct?