ALB JULY 2023 (ASIA EDITION)

2 ASIAN LEGAL BUSINESS – JULY 2023 WWW.LEGALBUSINESSONLINE.COM Asian Legal Business is available by subscription. Please visit www.legalbusinessonline.com for details. Asian Legal Business has an audited average circulation of 11,402 as of 30 September 2016.Copyright is reserved throughout. No part of this publication can be reproduced in whole or part without the express permission of the editor. Contributions are invited, but copies of work should be kept, as Asian Legal Business can accept no responsibility for loss. MCI (P) 003/02/2023 issn 0219 – 6875 KDN PPS 1867/10/2015(025605) Thomson Reuters 18 Science Park Drive Singapore 118229 / T (65) 6775 5088 / F (65) 6333 0900 10/F, Cityplaza 3, Taikoo Shing, Hong Kong / T (852) 3762 3269 www.thomsonreuters.com RANAJIT DAM Managing Editor, Asian Legal Business, Thomson Reuters Voices of youth Welcome to the July issue of ALB magazine, where we delve into a topic at the heart of the legal profession’s future. Our cover story uncovers the intriguing findings of a recent survey conducted by ALB, focusing on junior lawyers across Asia. The results shed light on the shifting priorities and aspirations of these talented individuals who form the backbone of the legal industry. In an era of profound societal and technological transformations, it comes as no surprise that the survey reveals a significant shift in what young lawyers prioritise. Gone are the days when a hefty salary was the sole driving force behind their career choices. Instead, they emphasise the importance of work-life balance, hybrid working arrangements, and mentorship. The notion of work-life balance has gained substantial traction, as young lawyers seek to maintain harmony between their professional commitments and personal lives. They recognise that true success lies in the ability to find fulfilment beyond billable hours, nurturing their passions, relationships, and overall well-being. Moreover, the rise of hybrid working models in the wake of the global pandemic has reshaped the expectations of the younger generation. The flexibility to work remotely, coupled with opportunities for in-person collaboration, is seen as a key enabler for productivity and job satisfaction. Young lawyers yearn for an adaptable work environment that empowers them to deliver their best while accommodating personal circumstances. Mentorship emerges as another vital factor for junior lawyers. They value guidance from experienced practitioners who can shape their professional development, offer insights into navigating the legal landscape, and provide support during the formative years of their careers. In the feature, we also interview young lawyers who exemplify these priorities. We hope that their stories and perspectives will inspire and guide both the next generation of lawyers and the industry as a whole. HEAD OF LEGAL MEDIA BUSINESS, ASIA & EMERGING MARKETS Amantha Chia amantha.chia@thomsonreuters.com MANAGING EDITOR Ranajit Dam ranajit.dam@thomsonreuters.com ASIA JOURNALIST Sarah Wong sarah.wong@thomsonreuters.com RANKINGS AND SPECIAL PROJECTS EDITOR Wang Bingqing bingqing.wang@thomsonreuters.com COPY & WEB EDITOR Rowena Muniz rowena.muniz@thomsonreuters.com SENIOR DESIGNER John Agra john.agra@thomsonreuters.com TRAFFIC/CIRCULATION MANAGER Rozidah Jambari rozidah.jambari@thomsonreuters.com SALES MANAGERS Hiroshi Kaneko Japan (81) 3 4520 1192 hiroshi.kaneko@thomsonreuters.com Jonathan Yap Indonesia, Singapore (65) 6973 8914 jonathan.yap@thomsonreuters.com Krupa Dalal India, Middle East, Singapore (91) 22 6189 7087 krupa.dalal@thomsonreuters.com Romulus Tham Southeast Asia (65) 6973 8248 romulus.tham@thomsonreuters.com Steffi Yang South and West China (86) 010 5669 2041 qifan.yang@thomsonreuters.com Steven Zhao China Key Accounts (86) 10 6627 1360 s.zhao@thomsonreuters.com Yvonne Cheung China Key Accounts, Hong Kong and Korea (852) 2847 2003 yvonne.cheung@thomsonreuters.com SENIOR EVENTS MANAGER Julian Chiew julian.chiew@thomsonreuters.com SENIOR EVENTS MANAGER, AWARDS Tracy Li tracy.li@thomsonreuters.com

RkJQdWJsaXNoZXIy MjA0NzE4Mw==