1 ASIAN LEGAL BUSINESS – AUGUST 2023 WWW.LEGALBUSINESSONLINE.COM COVER STORY 16 ALB Asia Top 15 In-House Teams 2023 The annual 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. List by ALB, text by Nimitt Dixit Plus: - Micro Connect - Hanmi Pharmaceutical - Tencent FEATURES 12 A fine balance Southeast Asia’s fintech industry will have to maintain a delicate balance between promoting innovation and implementing strong regulatory frameworks. As this industry evolves, regulators across the region should work together to take proactive measures and collaborate to protect consumers and encourage fair and responsible financial practices. 22 A question of trust As in-house legal teams grow increasingly sophisticated, they are beginning to demand more from their law firms. And while many law firms meet their standards, there are some that cause frustration due to issues with billing, lack of expertise and attentiveness, and occasional outright incompetence. ALB looks into what inhouse counsel based in Asia value in their law firm partners, and what will break their trust once and for all. 26 ALB Asia Top 10 Offshore Litigators 2023 As in other years, ALB showcases the exceptional work of offshore law firm dispute practitioners who have successfully handled significant cases and exceeded client expectations. 30 Future-proofing Asia The Asian market has been through a tumultuous few years, with pandemicrelated disruptions, inflation and geopolitical conflicts breaking economic momentum - and the legal industry has not been spared. Chief executives of global law firms with a strong Asian presence share how firms have diversified client bases, responded to fast-changing client demands and explored new Asian markets to continue growth during this period. 34 ALB Asia Top 15 Female Lawyers 2023 ALB reveals the outstanding female practitioners shaping Asia’s legal landscape and blazing a trail for others to follow. Plus: - Drew & Napier - LNT & Partners - Yulchon LLC 38 ALB Japan Law Awards a resounding success The 19th ALB Japan Law Awards were held on Jun. 8, 2023, at the Ritz-Carlton Tokyo. BRI EFS 3 The Briefing 4 Forum 7 Deals 8 Appointments 10 Q&A Plus: - CIETAC CONTENTS 34 ALB Asia’s Top 15 Female Lawyers 2023 Image: David Gyung/