find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Singapore-Aus FTA a big win for legal profession

Singapore-Aus FTA a big win for legal profession

Sue Gilchrist

A global firm and a legal academic have welcomed the announcement of an expanded Singapore-Australian Free Trade Agreement, saying it presents significant opportunities for legal professionals.

Last week the Singaporean and Australian governments announced a revised Singapore-Australia Free Trade Agreement (SAFTA), which contains measures to increase collaboration and business between the two nations' legal sectors, including wider reciprocal recognition of the legal qualifications granted in both countries.

The revised agreement followed the third review of the 2003 SAFTA, which concluded in May 2016 and recommended new trade, investment and business measures to strengthen the cultural and economic ties that already exist between the two nations.

Herbert Smith Freehills regional managing partner Sue Gilchrist said the revised agreement provides greater certainty for Australian lawyers and law firms operating in Singapore, and for Singaporean law firms collaborating with Australian law firms, particularly in the ability to practise Singaporean law, to work in international commercial arbitration, and to take advantage of future legal market reforms.

She also noted the revised agreement provides Singaporean recognition of juris doctor degrees awarded by Australian universities, alongside the undergraduate law degrees currently recognised under the SAFTA, and Australian recognition of undergraduate and juris doctor law degrees awarded by Singaporean universities, subject to applicable SAFTA conditions.

“We welcome the new agreement and the greater certainty it will provide to law firms, such as Herbert Smith Freehills, that work alongside our clients in Singapore, and throughout south-east Asia and the Asia-Pacific region,” Ms Gilchrist said.

“For individual lawyers, the agreement will simplify practice between jurisdictions, which can only lead to greater understanding and cooperation between the two economies, and more ease of doing business for our clients.”

Professor Carolyn Evans, chair of the council of Australian Law Deans and dean of Melbourne Law School, also welcomed the expanded FTA.

“Australia and Singapore share an important common law heritage and a commitment to high-quality legal education,” Professor Evans said.

“We welcome the opportunity to expand our offerings of law degrees in Singapore, particularly given the very high quality of students from that country.

“We believe that education is an important pathway to deeper relationships between the legal professions of our two countries.”

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Singapore-Aus FTA a big win for legal profession
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, ALA, right-to-die law
‘Right-to-die’ laws would be a relief for terminally ill: ALA
The passage of an assisted dying bill through the lower house of Victorian Parliament has been haile...
Diversity top of agenda for future WA Law Society president
The advancement of diversity in the Western Australian legal profession will be one of the key items...
Oct 23 2017
How to fail well
The legal profession is due for an attitude adjustment when it comes to perceived failures, accordin...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...