Will the law firm of the future be completely online? The rise of virtual law firms has shown that things are moving in that direction, but as we saw in this week’s edition of ALB Insights, physical offices aren’t going to be dispensed with just yet.
We also looked at how law firms in Macau weathered three years of plunging legal work from a stalled gaming industry, and are now ready to reap the benefits of the upswing. And finally, we checked in how the CMS-Olswang-Nabarro megamerger played out in Singapore.
This week’s newsletter featured the following:
- Who needs an office? The new reality of virtual law firms
- After weathering the storm, resilient lawyers double down on Macau’s gaming potential
- A local view on a global event: How the CMS merger unfolded in Singapore
If you wish to subscribe to ALB Insights, please email Taranjit Kaur at taranjit.kaur@thomsonreuters.com or call her at +65 6870 3909 today.
For any questions or feedback, please email Amantha Chia at amantha.chia@thomsonreuters.com.
Who needs an office? The new reality of virtual law firms
With technology evolving rapidly, a physical office is becoming less of a necessity for providers of legal services. As virtual law firms grow, however, a brick-and-mortar presence is still essential – at least for the near future. By Raj Gunashekar
After weathering the storm, resilient lawyers double down on Macau’s gaming potential
A corruption crackdown caused Macau’s gambling-generated revenue to decline for three straight years, adversely affecting the fortunes of the territory’s legal industry. But now that the world's largest casino hub is back to its winning ways, lawyers tell John Kang that they are bullish about Macau’s future.
A local view on a global event: How the CMS merger unfolded in Singapore
On May 1, the three-way merger between CMS Cameron McKenna, Nabarro and Olswang was finalised, resulting in the sixth-largest law firm by headcount globally. Raj Gunashekar looks at how the merger played out in Singapore, where both Olswang and Nabarro had offices.