5 Law Firms Set to Expand in Malaysia in the Coming Months
With a recent slump on the market, a lot of small, medium and big law firms have cut their expenses and aren’t taking profits distributions. Some firms have frozen salaries and may have to reduce the number of employees they employ. While some have plans to reduce salaries, others will simply not confirm probationary employees. Although this could be temporary, it is likely to get more commonplace over the course of time. Over the next few months, Malaysian law firms should expect to see some important changes to their practice.
If you’re considering establishing an LLP lawyer firm Malaysia There are a few things that you need to be aware of. In the first place, be sure that the partners have a place of operation in Malaysia. The law in Malaysia requires at least three partners be located within Malaysia. One of them will be designated as compliance officer. The requirement only applies to certain partners. It is possible to apply online for a bank account if you’re not physically Malaysia.
Expertise is a further factor to look at in deciding on a law firm. K&L Gates LLP provides advice regarding international agreements that involve Malaysian companies. It draws on talent from across Asia in order to supply customers with high-quality representation. For example the managing Partner David Tang draws on a worldwide network of professionals which includes Lian Yok Tan, expert in energy and resource mandates. James Bradley advises on corporate jets. Christopher Tan, who leads the firm’s robust employment program, is an additional strength. Sacha Cheong is also a consultant to the firm on Malaysian employment matters.
Lee Hishammuddin, partner at Allen & Gledhill Malaysia, is a vital part in the tax department. He provides tax advice on tax audits, tax disputes, as well as transfer pricing matters. Nitin Nadkarni is also the head for the practice of tax. Jason Tan Jia Xin who is the specialist in customs and trade within the firm, acts as the second. They are well-aware of Malaysian taxes and laws.
Allen & Gledhill’s Real estate Practice is headed by Lee Hishammuddin. This team supports a large customer base with every kind of real estate transaction or even a major debt offer. Lee is particularly adept in advising on real estate financing for banks. Tay Weng Hwee also is extremely well-regarded in the realm of real estate transactions as well as property finance. Apart from his solid experience in transactions, he also has extensive experience with financing transactions as well as Islamic finance.
Legal services company Herbert Smith Freehills Malaysia will establish a branch in Malaysia to provide Malaysian clients. Axiata and Petroliam Nasional Berhad were among the previous clients of the company. Herbert Smith Freehills Malaysia has been operating for over 68 years. Since its inception the business has expanded and grown its Malaysian practice to accommodate the growth of the country’s economy.
It has had an ongoing partnership with Malaysia for more than twenty years. Numerous important Malaysian firms and institutions are clients. With offices in New York and London, Doha (Doha), Seoul, Beijing, it is one of Asia’s largest law firms. It formed an partnership in 2015 with Singapore’s Prolegis in the year 2015, and since then has increased its presence to Riyad as well as Johannesburg. It opened a Dusseldorf office in the year 2016 and employs international counsel alongside local partners.
Zul Rafique and Partner The legal team of Zul Rafique and Partners is comprised by passionate lawyers who have professional backgrounds. Among them are Kung Suan Im, a partner of the corporate and financial practice group. He has a particular expertise within the maritime and property sectors. Additionally, he is a active member of Meritas Global Network.
The bank and finance policies of the company are outstanding. They have lawyers who are knowledgeable in Islamic and conventional financing transactions. They have been trusted advisors to the financial sector as well as borrowers because of their vast cross-border experience. The firm’s partners are regularly involved in questions of restructuring or retrenchment in the workplace. The firm is led by four partners that specialize in different areas in employment law. P Jayasingam handles litigation and Wong Keat Ching handles disciplinary issues. Thavaselvi Pararajasingam provides advice on constructive dismissal and employment law. Alvare Teoh assists in issues involving employee misconduct as well as investigations.
Tan Swee im Siva “and Partner” is a Kuala-Lumpur-based law firm located in Kuala Lumpur. Chow Yu Jiin and Cze Mien are two of the five lawyers they have, along with Tan Swee Im, Tharmini A/P Paramasivan. The firm specializes in the field of construction law. The firm has clients across Asia as well as the Middle East. For more information about the business, please read the following article.
Sivabalan Sankaran is the founder of the firm and the company’s managing partner. He holds LL.B. Hons (London) as well as a Barrister at-Law (Middle Temple), Advocate of the High Court of Malaya, Dip. Int Arb) and is also a certified mediator. He is the senior partner of the firm, and is a specialist with arbitration and litigation. As a member of his writing team of Malaysia’s very first power station that is independent, as well as the KL International Airport, as well as the second Singapore crossing.