We’re probably the most experienced international companies for India-associated cross-border legal services. The U.K. had an identical rule barring nonlawyer ownership, but beneath reforms applied by the Legal Companies Act of 2007 legislation firms have been in a position to tackle a limited number of non-lawyer partners and legal professionals have been allowed to enter into a wide variety of business relationships with non-legal professionals and non-lawyer owned companies.
In addition, a company is now prohibited from concurrently holding two licences from Bank Indonesia for two completely different categories of enterprise—for example: issuer licence (front-finish) and a switching operator licence (again-finish).
Kim Huat Chia, regional head, company and transactional apply at Rajah & Tann in Singapore, says it’s essential have superb connections in Indonesia, other than being an accomplished lawyer … provide practical authorized advice, and assist to expedite closing of transactions”, when describing Chandra Martha Hamzah, partner of Assegaf Hamzah & Companions.
However surprising moves like Mr. Clement’s hiring are becoming a brand new regular for legislation firm viability as companies poach illustrious legal professionals in a quest to lift their profiles, and income, according to those that examine the legal business.
The latter (typically called freemium providers) is likely one of the most necessary issues lawyers can do. Provide up valuable information to potential purchasers for free, form contracts, legal research, and tutorial movies, and you’ll find that this not solely will increase your SEARCH ENGINE OPTIMISATION, but in addition draws in a variety of purchasers.