Upcoming Expanding Law Firms in Malaysia

5 Law Firms Set to Expand in Malaysia in the Coming Months

Numerous law firms, both large and small, are cutting expenses but not making a profits due to the current market decline. A few have temporarily frozen their salary increments and might have to cut their salaries. While some 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. Over the next few months, Malaysian law firms should be prepared for significant changes in their practices.

LLP

There are numerous things you should know in order to establish the foundation of an LLP with a partner in Malaysia. In the first place, make sure that your partners operate a place of business in Malaysia. Malaysian law requires that at least three partners reside in Malaysia. One of them will be designated as the compliance officer. This requirement is only applicable to specific partners. It is possible to apply online for a bank account if you do not reside physically Malaysia.

Another important aspect to consider in deciding on a law company is the expertise of its lawyers. K&L Gates LLP advises on dealings internationally with Malaysian businesses The firm’s staff utilizes the expertise of professionals from across Asia in order to provide clients with high-quality representation. As an example the managing Partner David Tang draws on a international network of talents, including Lian Yok Tan who specializes in resource and energy directives. James Bradley advises on corporate aircraft. Christopher Tan, who leads the firm’s robust employment program, is an additional key asset. Additionally, Sacha Cheong advises on the employment laws on employment issues in Malaysia.

Allen & Gledhill

Lee Hishammuddin, partner at Allen & Gledhill Malaysia, is an integral part of Allen & Gledhill Malaysia’s tax team. He provides tax advice on tax-related disputes, audits and cases involving transfer pricing. Nitin Nadkarni also heads the tax practice, and Jason Tan Jia Xin is the firm’s trade and customs consultant. They have a vast understanding of Malaysian taxes and the legal aspects.

Allen & Gledhill’s Real Estate practice is headed by Lee Hishammuddin. The firm assists a large list of clients in all kinds of real estate deals, which includes major debt offerings. Lee is especially adept at providing advice on financing for real estate for banks. Tay Weng Hwee is also extremely well-regarded in the realm of real estate transactions and property finance. He is well-versed in Islamic finance and finance, along with excellent transactional abilities.

Herbert Smith Freehills

Herbert Smith Freehills Malaysia, the legal service company, is set to set up an office that will serve Malaysian clients. Axiata as well as Petroliam Nasional Berhad were among the previous clients of the company. Herbert Smith Freehills Malaysia has been in operation for 68 years. The firm’s Malaysian operations have grown and expanded over the past few years to accommodate demands of the growing economy.

It has been on a continuous partnership with Malaysia for more than twenty years. Many significant Malaysian firms and institutions have customers. With office locations across New York and London, Doha (Doha), Seoul, Beijing, it is one of Asia’s largest law firms. In 2015, the firm formed a foreign law alliance with Singapore’s Prolegis as well as expanded to Johannesburg and Riyad. In 2016, it opened an office in Dusseldorf with international counsel in conjunction with its local associates.

Zul Rafique & Partners

Zul Rafique and Partners The legal team of Zul Rafique and Partners is comprised by passionate lawyers who have high-skilled backgrounds. They include Kung Suan Im, a member of the corporate and financial practice group. Kung Suan Im is especially adept in handling issues related to property and maritime sectors. In addition, he’s a regular member of Meritas Global Network.

The company’s banking and finance practice is impressive. The firm’s lawyers are skilled in Islamic and traditional financing. Their extensive experience in international transactions has helped them become an invaluable advisor to borrowers and financial institutions. The partners regularly deal with corporate restructuring and retrenchment issues. The practice is headed by four partners, who are experts in various areas in employment law. P Jayasingam handles litigation and Wong Keat Ching handles disciplinary questions. Thavaselvi Parrajasingam gives guidance on the subject of employment as well as constructive dismissal. Alvare Teoh assists in issues involving employee misconduct as well as investigation.

Tan Swee Im, Siva & Partner

Tan Swee Im, Siva ‘And Partner’ is a law firm located at Kuala Lumpur, Malaysia. There are five lawyers who practice there that include Chow Yi Jiin, Lim Cze Mien, Tan Swee Im and Tharmini A/P Paramasivan. The firm is expert in construction law. The firm serves clients throughout Asia and the Middle East. To learn more about the firm, read the following article.

The firm’s founder and managing partner Mr. Sivabalan Sankaran, holds LL.B. Hons (London) as well as Barister-at-Law (Middle Temple) Advocate of High Court of Malaya and Dip. Int Arb) and is a qualified mediator. He is the senior partner of the firm and has extensive experience in arbitration and litigation. His experience in drafting includes the first Malaysian independent power station and The KL International Airport and the Singapore Crossing.