In an article entitled “Singapore lawyers increasingly going local as currency improves” ALB says? that? because of the city state’s strong currency, and an increasing amount of work coming in from countries around the region, as well as the growing international reputation of Singapore law firms. ……..
Foreign lawyers? are being? lured away from top and mid-tier international firms which has created a steady stream of Singaporean lawyers who were practicing overseas going home to work for local firms.
Read the full article at? http://asia.legalbusinessonline.com/news/breaking-news/singapore-lawyers-increasingly-going-local-as-currency-improves/60796
Here’s the introduction
Singapore Big Four firm Rajah & Tann, for example, has made a number of senior lateral hires from international firms this year. In the past two months alone, veteran Baker & McKenzie acquisition finance partner Angela Lim and Watson Farley Williams partner Christopher Muessel have joined the firm.
Muessel, a corporate partner who specialises in cross-border transactions in Southeast Asia, will be spearheading Rajah & Tann’s Vietnam operation, which is expected to launch in approximately two months and, like its Malaysian counterpart, will be 100% owned by the firm and staffed by locally qualified lawyers.
Other partners appointed to the firm this year include Kevin Julian, a former managing partner of Freshfields Singapore, and Chester Toh, also from Freshfields. ?The Singapore dollar is strong, and that has allowed us to go hunting for talent,? told ALB in an interview.