5 Law Firms Set to Expand in Malaysia in the Coming Months
A lot of law firms, big as well as small are cutting expenses and are not earning a profits due to the current market downturn. Some firms have frozen salaries and may have to reduce their workforce. Although some companies have plans to reduce salary, some will refusing to accept probationary employees. This situation is temporary but may become more common in the long-term. As the months progress, Malaysian law firms should anticipate significant changes in their practices.
There are a lot of things you should know in order to establish your LLP within Malaysia. You must first ensure that your partners are able to establish the business address of Malaysia. A minimum of three partners have to reside in Malaysia, with one serving as the compliance officer. However, this requirement can only be met for certain kinds of partners. You can apply online for a bank account , even though you’re not physically in Malaysia.
A further aspect that you should consider in deciding on a law company is the expertise of its lawyers. K&L Gates LLP advises on the international aspects of deals with Malaysian firms, and the firm’s team has a pool of talent from across Asia to ensure clients receive high-quality representation. David Tang, the managing partner, is able to draw on the world’s best talent to help him, which includes Lian Yok Tan who specializes on energy and resource-related mandates. James Bradley advises on corporate jets. Another strength of the firm is the strong practice in employment and is managed by Christopher Tan. Further, Sacha Cheong advises on matters related to employment on employment issues in Malaysia.
Allen and Gledhill Malaysia’s associate Lee Hishammuddin is a vital partner in its tax practice. His specialization is in tax audits, tax disputes and tax cases involving transfer pricing. Nitin Nadkarni also heads the tax practice. Jason Tan Jia Xin is the company’s trade and customs specialist. Together, they possess extensive knowledge of Malaysian taxes and the legal aspects.
Allen & Gledhill’s Real estate Practice is led by Lee Hishammuddin. This team supports a large number of clients with any kind of real estate deal or even a major debt offer. Lee has a particular skill set in advising banks on the financing of real estate. Tay Weng Hwee has an excellent reputation for real estate transactions in addition to the financing of properties. He has a vast knowledge of Islamic finance and financing as well as an excellent ability to transact.
Legal services firm Herbert Smith Freehills Malaysia will open an office within the country, allowing it to service Malaysian clients. The firm has previously been working with clients such as Axiata, Petroliam Nasional Berhad, and Sime Darby. Herbert Smith Freehills Malaysia is a 68-year-old company. The company’s Malaysian business has increased and grown over the past few years to accommodate demands of the growing economy.
It has been on a continuous partnership with Malaysia for over twenty years. Many key Malaysian firms and institutions have clients. It has office locations across New York and London, Doha (Doha), Seoul, Beijing, it is one of Asia’s largest law firms. It established a foreign partnership in 2015 with Singapore’s Prolegis in the year 2015, and since then has increased its presence to Riyad as well as Johannesburg. The firm opened its Dusseldorf office in the year 2016 and utilizes counsel from abroad alongside local partners.
Zul Rafique and Partner’ legal team is made consisting of enthusiastic lawyers with professional backgrounds. Kung Suan Im is a member of the Group for Corporate and Financial Practice. Kung Suan Im is especially adept in dealing with issues related to the maritime and property sectors. Alongside his experience in these areas, he is an active member of the Meritas Global Network.
The practices of its bank and finance department are impressive. Lawyers from the firm are proficient in Islamic and traditional financing. Their extensive experience in trans-border transactions have made them an expert advisor for both the financial institutions and the borrowers. They frequently handle corporate restructuring and retrenchment matters. The practice is headed by four partners that specialize in various areas that deal with employment law. P Jayasingam handles litigation and Wong Keat Ching handles disciplinary issues. Thavaselvi Pararajasingam advises on the issue of constructive dismissal as well as employment law. Alvare Teoh advises on disputes involving employee misconduct and an investigation.
Tan Swee Im Siva & Partner
Tan Swee im, Siva “Tan Swee im, Siva ” is a Kualalumpur-based law firm. Chow Yu Jiin and Lim Cze Mien are two of five lawyers who work for them as well as Tan Swee Im, Tharmini A/P Paramasivan. This firm is a specialist in construction law. It serves clients across Asia and the Middle East. To find out more about the company, check out the following article.
Sivabalan Sankaran is the founder of the company and also the company’s managing partner. He holds LL.B. Hons (London) as well as a Barrister at-Law (Middle Temple) and Advocate of the High Court of Malaya, Dip. in Arb) and is a licensed mediator. He is a senior partner of the firm, and has vast experience in litigation and arbitration. The firm was on the drafting team of Malaysia’s very first power station that is independent, and the KL International Airport, as and the second Singapore crossing.