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Amidst the rapidly changing legal landscape in Asia, a select group of law firms are taking advantage of the region’s economic growth by adopting innovative technologies and strategic approaches to meet the changing demands of their clients in a more interconnected global environment. The ALB Fast 30 list, now in its third year, recognises 30 firms that have significantly contributed to shaping the legal industry’s future in Asia.

 

The list is arranged alphabetically, and some firms have been profiled.

 

AHRP LAW FIRM
Indonesia

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AHRP Law Firm, led by managing partner Irawady Azwar, currently has 32 lawyers on its team as of Aug. 2023. The firm aims to provide customised and accurate legal solutions to its clients. To achieve this goal, AHRP Law Firm utilises a hybrid work model that combines both in-office and remote collaboration to boost productivity.

This year alone, the firm successfully attracted some 18 new clients from various fields, such as oil and gas, to hotels and plantations. This adds to the 18 key clients added last year, including the World Bank. The firm has also expanded its expertise to include real estate and entertainment law.

Over the past year, the firm has emphasised its technology-driven approach to legal services, released the comprehensive Indonesia Business Legal Guidelines, and launched the “AHRP Legal Brief” to present legal matters weekly using infographics.

In recent years, the firm has gained advantages from several legal reforms that have resulted in the creation of a regulatory environment that is more conducive to investors, a substantial increase in foreign investment in Indonesia, improvements in infrastructure that have created opportunities, and the country’s plans to establish a new capital city. Finally, there has been growth in recycling initiatives that have also contributed to the firm’s success.

The firm has implemented several strategic measures to take advantage of these opportunities. These include empowering the firm’s team, utilising technology to provide top-notch ser-vices, offering continuous training and legal education, collaborating with other experts in the field, providing competitive pricing, focusing on efficiency, and continuously pursuing innovation and business development.

 

KHAITAN & KHAITAN
India

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Khaitan & Khaitan, an innovative law firm headquartered in New Delhi, has shown an impressive growth trajectory over the past year. The firm has strengthened its position as a powerhouse in India’s legal industry by adding 10 fee-earners specialising in corporate M&A and litigation practice.

The firm has diversified its services to meet the evolving needs of its clients, introducing new practice areas like domestic and international funds, alternate investment funds (AIFs), investment structuring, and regulatory compliance. Khaitan & Khaitan’s expertise now extends to fund restructuring, transactional support, and creation and advisory to venture capital funds. One of the firm’s remarkable achievements has been its impressive revenue growth of approximately 25-30 percent in the Asian market, demonstrating its commitment to delivering exceptional legal services. This success can be attributed to the firm’s innovative approach, integrating modern techniques and technology to navigate complex legal challenges effectively. Khaitan & Khaitan’s growth strategy focuses on expanding its practice areas and establishing professional relationships with advocate/law firms in India and abroad. This multi-jurisdictional approach enables the firm to offer comprehensive legal solutions to its clients, setting it apart in the competitive legal landscape.

During this period of expansion, every member of Khaitan & Khaitan, under the exemplary leadership of Umesh Kumar Khaitan (founder & chairman), Ashutosh Khaitan (managing partner) and Navpreet Singh Ahluwalia (senior partner) has contributed significantly, ensuring the delivery of comprehensive outcomes to clients. The firm’s commitment to excellence, coupled with its innovative spirit, continues to drive its journey towards unparalleled success in the legal realm.

 

MARGONO-SURYA AND PARTNERS
Indonesia

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Margono-Surya and Partners has significantly expanded its reach and operates from three offices, offering regional services. This strategy has allowed the firm to differentiate itself by focusing its services outside Jakarta.

Under the visionary leadership of David Surya and Ricky K. Margono, the firm expanded its services to include insurance law, commercial disputes, mergers and acquisitions, banking finance, tax and customs law, and arbitration and litigation. They successfully added five new key clients, growing their team to 25 fee-earners, and increased revenue by 20 percent.

Margono-Surya and Partners has been gaining recognition for its exceptional growth, earning titles as Indonesia’s second-largest regional law firm, and the largest full-service firm in Ban-ten province.

The firm says it has a “different business strategy with other law firms in Indonesia, that usually have their offices in Jakarta.” Margono-Surya and Partners has offices in Tangerang, Semarang and Tegal. These offices cater to clients in Jakarta, West Java, and Banten and Greater Jakarta, as well as East Java, South Sulawesi, the west and east of Central Java, Bali, and West Java. The firm is confident in its ability

to continue growing and adapting to changes, such as the possible relocation of the capital city of Indonesia from Jakarta to Nusantara in Borneo Kalimantan.

 

 

THE LIST

ALB FAST 30: ASIA’S FASTEST GROWING FIRMS 2023

AGRUD PARTNERS
India

AHLAWAT & ASSOCIATES
India

AHRP LAW FIRM
Indonesia

ARGUS PARTNERS
India

CHARLES RUSSELL SPEECHLYS
Hong Kong

DSK LEGAL
India

ENG AND CO
Singapore

FOX & MANDAL
India

GLOBAL VIETNAM LAWYERS
Vietnam

Gorriceta Africa Cauton & Saavedra
Philippines

HAMMURABI & SOLOMON PARTNERS
India

INTTL ADVOCARE
India

KHAITAN & KHAITAN
India

KING STUBB & KASIVA
India

LEXORBIS
India

LOEB SMITH
Hong Kong

MARGONO-SURYA AND PARTNERS
Indonesia

MIURA & PARTNERS
Japan; Indonesia

PROSOLL LAW
India

SAGUS LEGAL
India

SARTHAK ADVOCATES & SOLICITORS
India

SILK LEGAL
Thailand

SINGULARITY LEGAL
India

SIREGAR SETIAWAN MANALU PARTNERSHIP (SSMP)
Indonesia

SRPP
Thailand

TOKYO INTERNATIONAL LAW OFFICE
Japan

UBR LEGAL ADVOCATES
India

VERIST LAW
India

YTL
Hong Kong

ZELO, A FOREIGN LAW JOINT ENTERPRISE
Japan

 

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