In 2019, Big Four professional services ﬁrm PWC published a report on how law firms were adapting to paradigm transformations in business models, utilising technology to boost productivity and support new ways of working, building innovation cultures, and enhancing agility to better serve their client needs and navigate the complexities in the operating environment.
While job-cutting may be effective in some cases, it can also severely damage company culture and staff morale and result in irreparable loss of know-how.
Indonesia Enacts Limited Concession Scheme to Recycle Existing Infrastructure Assets [Brought to you by AYMP]BY Mutiara Rengganis, Ayu Novianti |
To improve connectivity between its vast regions and support economic growth, Indonesia requires more infrastructure financing than ever. As an alternative to the existing Public-Private Partnership (PPP) scheme, the Government of Indonesia has recently introduced a new form of concession, i.e. Limited Concession Scheme (“LCS”) as stipulated under Presidential Regulation No. 32/2020 on Financing of Infrastructure through Limited Right of Utilization (“PR 32/2020”).
China is fast-tracking a new law to help prevent infectious diseases and other “biological threats”, but some experts said a provision aimed at deterring false information could discourage potential whistleblowers and put the public at risk.
ALB is pleased to present internationally renowned contracts expert Ken Adams for 2-Part Virtual Masterclass. This hands-on masterclass explores how to draft contracts that express deal terms clearly and effectively, saving you time and money, enhancing your competitiveness, and mitigating risk. Rather than simply lecturing, Ken uses interactive exercises, encouraging participation and addressing practical considerations related to the drafting process. This masterclass is valuable for both junior and senior legal professionals, with tips that apply to all contracts drafted in English, whatever the governing law.
Myanmar continues to generate intense investor interest in what remains one of the world’s largest frontier markets. Ever since 2011 when the country first opened its doors to foreign investment and participation, its economy has continued to surge with greater diversification of its markets and deepening sophistication of its consumer base. International investors continue to look toward Myanmar with palpable interest, given its geopolitically strategic position, abundance of natural resources, population of over 54 million (the majority of whom are under 30) and proximity to some of the most dynamic economies in the region.
The COVID-19 outbreak has severely disrupted normal life in Southeast Asia, forcing a big chunk of the region’s workforce to work from home, lawyers not exempted. But as the number of cases subsides in certain countries, and governments attempt to bring economies back on track, offices are beginning to reopen.
The large law firm market has witnessed a growth in demand and rates, according to the Thomson Reuters 2020 Q1 Peer Monitor Economic Index (PMI), which showed a four-point increase, reaching a score of 57.
Singapore Big Four law firm Drew & Napier has entered into a collaboration with financial advisory firm Vanda Global Capital to facilitate efficient access to strategic advisory and legal services for companies in Singapore and around the world.
Japan’s largest law firm Nishimura & Asahi has continued its global expansion push after entering into a new formal law alliance (FLA) in Singapore with local practice Bayfront Law.