Law.com - U.K. Firms Eye Singapore Opportunities as Local-Law Licenses Go Up for Grabs
It is hard to imagine that there is so much local work in Singapore that there is a need for so much legal presence there. While, for the time being, Singapore can be viewed as a regional hub or a surrogate for India, Indonesia, and other jurisdictions in the general region, this is likely to be a temporary situation. However, if the globalization of legal services has shown anything, it has show that the providers - i.e., the aspiring global firms - are extremely mobile. The many firms trying to establish a presence in Singapore may need to use their mobility skills in time as other markets become more accessible and the need to operate from Singapore diminishes.
Monday, May 5, 2008
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