SPACE LAW: Final Frontier
Government-led efforts to improve regulatory and financial barriers in India's space sector are rapidly creating an important new market for the country's law firms, which are looking at increased work for their M&A, private capital investment, project finance, intellectual…
RANKINGS: ALB Employer of Choice 2024
Around a year ago, law firms were already grappling with the challenge of keeping their members, particularly the younger generation, engaged, motivated, and committed. However, the advent of a groundbreaking new technology, in the form of generative artificial intelligence (Gen AI), has added another significant variable, presenting both risks and opportunities.
AI: Different strokes
As the transformative era of Gen AI continues to redefine creativity, it is also igniting debates on copyright laws and ethical boundaries. And as legal battles over intellectual property intensify, courts in different jurisdictions are taking unique approaches to the larger questions surrounding ownership of art and content created by this new technology.
INDONESIA: Arrested Development
When Indonesia established a carbon trading mechanism last year, the move was welcomed across the board. However, a lack of strong implementing regulations, regulatory uncertainty, and insufficient business incentives have combined to ensure slow-going for the country's carbon trading market.
BRIEFS: China’s Ageing Population Set To Increase Opportunities for Legal Work
China is grappling with an escalating demographic crisis. In 2023, the senior population has ballooned by 30 million in the world’s second-largest economy, taking the total size of the elderly class to 300 million – almost a fifth of the country’s population.
EXPLAINER: TikTok Set To Restart E-Commerce in Indonesia, but Doubts Persist
TikTok has been engulfed in regulatory whirlwinds across the world, which have put a dent in its global ambitions. In the United States, the popular social media app owned by ByteDance faces a ban unless its Beijing-based parent company divests its U.S. operations, and in Indonesia, TikTok had to temporarily quit its e-commerce business as its shopping arm ran into a slew of obstacles.
Q&A: ‘We have long seen the importance of having on-the-ground legal experts’
Over the past few months, Singapore’s Allen & Gledhill has declared its intention to keep expanding regionally through the opening of a rep office in Shanghai and the launch of a new alliance in Indonesia.
SUSTAINABLE FINANCE: A Sustainable Future
Strong government intervention and a willing market is turning Hong Kong into a global sustainable finance hub, but it is far from reaching its full potential.
BRIEFS: With Competition Heating up at Home, SG Firms Pursue Regional Growth
With the Asian region continuing to remain a hotspot for trade and investment, gone are the days when Singapore law firms were content simply with the domestic pie. Singapore Big Four firm Allen & Gledhill, which already has a presence in Myanmar, Vietnam and Malaysia, recently announced the open-ing of an office in Shanghai – its first in China – and recently established a new alliance in Indonesia.
EXPLAINER: Can Vetnam's new land law help its development dreams come true?
In its bid to transform into a high-income country in Southeast Asia, Vietnam has moved to revamp its law to give more flexibility to the development and management of land, which is considered a crucial piece within the country’s economic development plans.