ALB OCTOBER 2023 (ASIA EDITION)

1 ASIAN LEGAL BUSINESS – OCTOBER 2023 WWW.LEGALBUSINESSONLINE.COM COVER STORY 18 Asia 40 Under 40 The ALB Asia 40 Under 40 continues its tradition of recognising exceptional legal talent across Asia, selected from 600 outstanding nominees. The lawyers featured on the list represent diverse jurisdictions and practice areas. They were meticulously chosen through a rigorous selection process, evaluating their work, client and colleague recommendations, and their potential for future growth. The list is in alphabetical order and some lawyers have been profiled. FEATURES 14 Arbitration ambitions In recent years, the Japanese government has been enhancing the country’s image as a preferred choice for international arbitration and dispute resolution. The latest steps include modernising the Arbitration Act to match international practice. Lawyers share how effective the legislation can be and what more the government should do to support Japan’s arbitration ecosystem. Plus: - CIETAC 26 In with the new In recent years, more and more law firms have brought on board chief innovation officers to shake things up, with the aim of getting vital competitive advantage in an industry often described as stagnant. Holders of this relatively new title share their vision and action plans on how to bring about effective disruptions to take their organisations forward. 30 ALB Indonesia Firms To Watch 2023 Fuelled by a strong economy and changing regulations, Indonesia’s legal landscape is changing, leading to the emergence of a new breed of innovative law firms that combine local expertise with global perspectives. ALB highlights these leading firms based on their ability to overcome challenges and make significant impact on the market. The firms are listed alphabetically, and some firms have been featured with profiles. 34 The race to net zero ASEAN countries’ commitment to meet ambitious emission targets, including fast-evolving energy regulation, development of carbon trading markets and innovative investment policies in the renewable energy sector, are bringing a new variety of work to lawyers in the region. 38 New York calling The backdoor listing of VinFast and proposed IPO of VNG on U.S. stock exchanges have shed light on new paths for Vietnamese companies to raise capital in a volatile market, but they do not come without their share of stiff regulatory hurdles. BRI EFS 3 The Briefing 4 Forum 5 Deals 6 Explainer 8 Appointments 11 Q&A Plus: - CIETAC CONTENTS 34 The race to net zero Image: Owlie Productions/Shutterstock.com

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