The Legal 500

Share this page

Editorial

Overview

Many Malaysian firms have reported a slow year. The weak Ringgit, under pressure from low commodity prices and a strengthening US dollar, has been blamed for a shortage of instructions by many lawyers. On the other hand, this phenomenon has been credited with a rise in investment from regional private equity houses, which has allowed some corporate practices to buck the trend.

The goods and services tax (GST) was finally implemented in April 2015. Many in the country have blamed uncertainty surrounding the introduction of this tax for a poor consumer environment. Predictably, tax lawyers have been kept busy with queries from foreign and domestic clients alike as they grapple with the consequences.

Another key development was the introduction of new guidelines by the Securities Commission, which liberalise corporate bond and wholesale product approvals through the Lodge and Launch (LOLA) framework, reducing time to market.

The Malaysian legal market is a relatively stable one. This year has seen few significant mergers or team moves. Significant exceptions include the departure of Cecil Abraham’s dispute resolution practice from Zul Rafique & Partners to form Cecil Abraham And Partners. Ong Boo Seng left Rahmat Lim and Partners to join Zaid Ibrahim & Co in February 2015, but generally speaking lateral hires were rare. The liberalisation of the legal market has yet to have a major impact on the ranking tables.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Malaysia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to