Entry of UK Law Firms into Singapore

It is interesting to see that the present slowly in the economy has not quite dampened the impending entry of foreign law firms into Singapore. Legal Week reported that at least 6 UK law firms have applied for the 5 Qualifying Foreign Law Firm licences up for grabs, in order to set up shop and practice Singapore law. These firms include Ashurst, DLA Piper, Herbert Smith and Norton Rose. Clifford Chance and Allen & Overy, despite having a JLV presence in Singapore, are believed to have applied as well.The presence of the foreign law firms should continue to boost the legal job market in Singapore.

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