Telecom giant Vodafone Group recently won an international arbitration case against the Indian government, bringing one the country’s most high-profile disputes — a $2 billion tax claim — to a close. According to an international arbitration tribunal in The Hague, India’s government has breached an investment treaty agreement between India and the Netherlands with its imposition of tax liability on Vodafone, Reuters reported. The tribunal has directed India to pay $5.47 million to Vodafone in compensation for its legal costs.
Corporate Japan’s lack of gender diversity is a widely known issue. While investors and the government have been pushing for greater female representation on company boards, women-only reportedly represent just six percent of board members at listed Japanese companies today, even though it represents a modicum of progress compares to three percent back in 2016.
During a year unlike any other, the pressure has been on in-house lawyers to lead their teams through uncharted territory. But it’s not just about the work — lawyers are also ensuring their staff emerge ready to tackle an increasingly challenging legal landscape.
With the fallout from corporate scandals, rapid globalisation, increased focus on corporate governance, advancement in technology and data protection, the role of a general counsel has gained significant importance. Several years ago, the role of a general counsel was perceived to be a lifestyle-friendly prelude to retirement or sometimes, in the case of a woman, a role which she would transition to once she got married or had children, since it was perceived to support a work-home balance and did not have the long hours synonymous with a law firm practice.
With COVID-19 keeping lawyers at home and making face-to-face meetings difficult, in-house legal teams have had to embrace technology like never before. Legal department leaders say that this is not a passing phase; tech will be a critical component of their work long after the pandemic subsides.
In light of Facebook’s recent controversies, as well as the online activism related to the Sushant Singh Rajput case, is it time for India to pass specific legislation regulating content posted on social media, and perhaps even create a regulatory authority?
In its second annual list of India’s best disputes lawyers, ALB India spotlights 30 standout practitioners in the country’s litigation and arbitration scene. The list has been selected based on submissions made to ALB. The names are in alphabetical order, and certain lawyers have been profiled below.
In a record-breaking year in which nearly 400 lawyers across Asia submitted their profiles, picking the annual 40 Under 40 list was no easy task. This year’s list, as in other years, features a diverse mix of lawyers, including the first-ever entrant from Bangladesh and the first from a PRC firm, as well as multiple law firm founders. The list is in alphabetical order. Certain lawyers are profiled in the accompanying feature.
Last year, Singapore’s landmark Convention on Mediation formalised the city-state’s well-earned reputation as an attractive arbitration hub, with legal muscle and global recognition to back up its standing. But as the government continues to fine-tune the law and COVID-19 continues to cast a shadow, the market still has work to do.
As COVID-19 continues to sweep around the globe, Indonesia has found itself weathering an economic slump. For businesses, more than ever, this has emphasized the need for trusted expertise and savvy counsel. The firms featured have proven themselves as stand out operations for their commitment to clients, knowledge of the market and resourcefulness in the face of adversity.