ALB writes … The latest arrival (in Singapore) is UK law firm Nabarro, which was granted a foreign law practice (FLP) license in Singapore last week and is due to start operations later this year. The office will focus on the areas of construction, engineering and international arbitration, and will be led by construction partner Emerson Holmes.
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Here’s the introduction to their report
?The initial focus of our practice will be giving advice to clients involved in onshore and offshore construction and engineering, including advice on dispute avoidance and arbitration. Our aim is to grow the office with strategic local hires,? Emerson told ALB.
In August 2009, Singapore allowed six foreign law firms to practice local corporate law and is tipped to award more licenses in December this year.
When asked if he thought the Singapore market was getting saturated with foreign practices, Nabarro?s international head Michael Hales pointed to the expansion in disputes work.
?There has been a significant increase in arbitration work in Singapore over recent years. Many of the disputes are in the construction and engineering field arising from the massive infrastructure development that is taking place throughout the region. These disputes are highly specialised. It is therefore natural for us to want to bring these skills to a region which has demand for them,? Hales said.
Full report at: http://asia.legalbusinessonline.com/news/breaking-news/nabarro-latest-firm-to-zero-in-on-singapore-legal-services-boom/49605
