Baker McKenzie’s Malaysian member firm Wong & Partners and local law firm Azmi & Associates have advised on the $420 million investment and financing of Austrian sensor maker ams-OSRAM’s semiconductor facility.

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.

Global law firm Ashurst has advised Australia’s Mirvac Group on its acquisition of land lease operator Serenitas from Singapore's sovereign wealth fund GIC for $642.76 million along with Pacific Equity Partners Secure Assets (PEP) and Tasman Capital Partners.

Global law firm Baker McKenzie has terminated the services of former counsel Stefano Mariani, who has been accused of sexual misconduct by a former junior colleague at law firm Deacons, where Mariani was previously a partner and head of tax.

Global law firm Baker McKenzie is launching a legal joint venture in South Korea with local firm KL Partners. The resulting 20-lawyer Baker McKenzie KLP JV will be the largest international law firm in Korea by partner strength, according to the firm.

Thailand-headquartered Tilleke & Gibbins has hired real estate and hospitality specialist Long Gia Nguyen as a partner in Ho Chi Minh City from Baker McKenzie.

Global law firm Baker McKenzie advised its longstanding client, Singapore-based investment company Vertex Holdings, on the formation and private placement of its fifth fund targeting investments in high-growth, early-stage technology and technology-enabled start-ups in Southeast Asia and India.

Japanese law firm Atsumi & Sakai has added partners Go Fujimoto and Kenta Nobe to its Tokyo-based corporate practice, making it five lateral hires to its partnership in its headquarters this year.

Indonesian law firm Armand Yapsunto Muharamsyah & Partners (AYMP) has expanded its tax, trade and customs offering by hiring Riza Buditomo as a partner from Hadiputro, Hadinoto & Partners (HHP), the local member firm of Baker McKenzie.

The Asian market has been through a tumultuous few years, with pandemic-related 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.