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2024: The Offshore View | Asian Legal Business

Offshore law firms have had a challenging 2023, with stiffer regulations, increased onshore competition from "Cayman-style" funds and slow M&A recovery holding back growth. Law firm leaders talk about some of their big themes for 2024, including the advent of financial technology and digital asset regulations, the rise in competition from "onshore" centres like Singapore and Hong Kong, and the potential for emerging areas like ESG and AI to grow in importance. ....

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State of the Market 2022: Hong Kong and Singapore | Asian Legal Business

The year 2022 could not have panned out more differently for the two Asian hubs. Hong Kong, which aligned itself with China’s Zero COVID policy until quite recently, has seen its economy slow and professionals head for the exit; however, its fundamentals remain strong, and the city is known for nothing if not its resilience. And while Singapore might have gained ground in the process – and attracted a flurry of law firms -the growth of its legal industry could be constrained by its innate drawbacks. ....

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