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Timothy Ma, head of international privacy and data protection at Tencent, one of ALB Asia's Top 15 In-House Teams, emphasised the growing significance of in-house legal teams in today's business environment. With the increasing complexity of regulations and legal frameworks across different countries in the region, in-house legal teams have a crucial role to play in decision-making and risk management, thereby assuming a strategic position. ....
With the growing complexity of regulations and legal frameworks across different countries in the region, companies have increasingly turned to their in-house legal teams for guidance and support. In-house lawyers have become more involved in strategic decision-making processes and have adopted a proactive approach to risk management. The annual Asia’s Top 15 In-House Teams list recognises and honours the achievements of legal departments across Asia that truly exemplify the future of legal departments. These teams demonstrate a willingness to embrace change through technology, behaviour, business models, or service innovation to meet the organisation’s needs. ....