find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (1-3 PAE)
Category: Insurance and Superannuation Law | Location: Sydney NSW 2000
· Join a dynamic Firm · Excellent career growth opportunity
View details
In-house lawyer 1-4 PAE
Category: Generalists - In House | Location: Adelaide SA 5000
· Leading Brand · Report to a Dynamic Legal Counsel
View details
AG’s Asia trip for legal upshot

AG’s Asia trip for legal upshot

THE FEDERAL Attorney-General hopes to further develop Australia’s links with South-East Asia in law and legal services in a week-long trip to Indonesia, Malaysia, Singapore and Thailand. Ruddock…

THE FEDERAL Attorney-General hopes to further develop Australia’s links with South-East Asia in law and legal services in a week-long trip to Indonesia, Malaysia, Singapore and Thailand.

Ruddock claimed last week that there is further scope for building trans-national legal practices in South-East Asia to mutual advantage as Australia’s legal services continue to expand.

Australia exported legal services valued at $277 million and total imports were $132 million in 2004, Ruddock said in a statement. This involved trade predominantly with the United States, the United Kingdom and North Asia, including China, Hong Kong and Japan.

The upcoming national profession would make Australia more attractive to lawyers in other jurisdictions, said Ruddock. “With legislation to create a national legal profession set to become a reality by the end of the year, Australia continues to be an attractive option for suitably qualified lawyers from throughout the region,” he said.

“More liberal regulation of foreign lawyers who provide commercial services is vital to promoting trade in legal services which form part of the essential business infrastructure for economic growth,” he said.

Law firm Deacons, which has offices in Hong Kong, Indonesia, Malaysia, Singapore, Taiwan, Thailand and Vietnam, encourages the expansion of legal opportunities for Australian firms in Asia, said chief executive partner Don Boyd. However, advising Australian firms expanding the region, Boyd said “critical success factors in doing business in Asia are often more to do with strong management, open communication, and longevity in a market than finding the opportunities”.

“Understanding the legislative frameworks and the local culture are vital, but often easier said than done. I think many firms expect too much, too soon, from their forays into Asia. Our own success in Asia is due to our long-term strategy and understanding of the region, sharing of information, and a real sense of what is expected and what can be achieved for our clients,” Boyd said.

Legal cooperation activities have been taking place for some time with various jurisdictions in the region, said Ruddock. In particular, those with Indonesia had grown significantly in the past three years, he said.

“Australia has supported Indonesia’s efforts to strengthen its legal institutions through linkages between the courts and joint training activities,” he said.

“Australian lawyers have been working through Indonesian law firms for many years and these links between private legal professions will continue to develop.”

As well, links between the Australian and Thai legal professions should be strengthened through negotiations and the implementation of the Thailand/ Australia Free Trade Agreement, Ruddock said.

Ruddock added that Australia and Malaysia had a long history of cooperation in relation to law and legal services. “Malaysia has provided the highest number of students studying law in Australia for more than a decade and many Malaysian lawyers are now working in Australian law firms,” he said. “I hope legal services will be discussed as part of the negotiations for a free trade agreement between our countries.”

The Singapore/Australia Free Trade Agreement recently saw Singapore recognise law degrees from a further two Australian university law schools, Ruddock announced last week. He said there had been cooperation at a government level as well as close relations between the peak legal professional bodies in Singapore and Australia.

“While the Free Trade Agreement has liberalised some Singaporean regulation governing commercial legal services, I believe more can be done,” Ruddock said.

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

AG’s Asia trip for legal upshot
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
07:03
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
APPOINTMENTS
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'...
opinion
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...
Help
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 & ...