Japan’s hostility towards crypto assets is unlikely to change anytime soon, as the new head of the financial industry watchdog recently reiterated the country’s tough regulatory stance.
The use of legal technology has been growing rapidly among both law firms and in-house teams in Japan, and the COVID-19 pandemic appears to have accelerated the process. While lawyers appreciate the efficiencies that legal tech brings, they also acknowledge its limitations.
Singapore’s Dentons Rodyk & Davidson has hired Debby Lim as a partner from boutique firm BlackOak, where she was a director.
Despite the pandemic, Singapore has seen an increase in the number of law practices, according to a report in the Straits Times. The city-state had 1016 law firms as of Sept. 27, up from 998 on Dec. 31 last year.
U.S. law firm Goodwin Procter has hired private investment funds specialists Phil Culhane and Elyn Xing as partners in Hong Kong. Culhane was most running his own practice, Culhane & Associates, while Xing joins from Debevoise & Plimpton.
Dentons has hired David Blumenfeld as the head of its Asia-Pacific real estate practice from Paul Hastings, where he held a similar role. He is based in Hong Kong.