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Editorial

Overview

Singapore’s thriving legal market continues to attract international law firms while maintaining strong levels growth in the local legal profession. Unlike in Hong Kong, where many of the big independent law firms have been subsumed by international rivals, Singapore has a robust independent local legal profession in firms such as Allen & Gledhill LLP, Drew & Napier LLC, Rajah & Tann Singapore LLP, WongPartnership LLP and Shook Lin & Bok LLP, to name a few; Dentons Rodyk and Morgan Lewis Stamford LLC are still very much regarded as local firms though with increasingly international characteristics.

Workflows remain consistent, if not fervent for most firms, not least because of buoyant transactional activity in Southeast Asia. Investment flows from China, as part of its Belt and Road initiative are a continuing theme, while South Korean and Japanese contractors and trading houses remain active participants in projects and deals within the region.

The Singapore government's positioning of the city-state as a dispute resolution hub continues to prove successful: the Singapore International Arbitration Centre received 452 new cases in 2017, a 32% increase on 2016 and a 67% increase from 2015.

Further integration between local and international firms is another key phenomenon. Watson Farley & Williams LLP is one of the latest to follow this model having created a Formal Law Alliance (FLA) with Wong Tan & Molly Lim LLC.

Among a small number of headline lateral moves, corporate partner Lee Taylor joined King & Spalding LLP from Clifford ChanceKayal Sachi and Ian Roebuck joined Mayer Brown from Allen & Overy.

The In-House Lawyer

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In association with a leading international law firm, Legalease are producing a series of online country comparative legal guides, designed to give the in-house community greater insight to the law and regulations in unfamiliar jurisdictions.

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

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