Next Year to be Strong for Offshore Firms in Asia

Nicholas Plowman, Ogier Hong Kong

Nicholas Plowman, Ogier Hong Kong

Prospects for 2017 in the Asian legal market look positive, with dispute resolution and restructuring and insolvency work likely to remain strong, according to the head of Ogier's Hong Kong practice.

Nicholas Plowman, who founded Ogier's Hong Kong office in 2007, says that the Chinese market will remain strong over the next 12 months and that signs also point to an improvement in Japan.

Dispute resolution, corporate and asset management work remain the service lines that will be the strongest for the offshore law firms.

Advising Chinese Asset Managers 

Plowman also expected the asset management industry in China to continue to evolve and grow as Chinese asset managers and brokerages look to build out their asset management platforms.

«We feel China will continue to be the strongest market for offshore law firms in the region next year and we would like to think that Japan's economy will turn a corner in 2017, with an uptick in new work coming through in their asset management space,» Plowman said.

In 2011 Ogier was the first offshore law firm to open an office in mainland China with a representative office in Shanghai.

 

 

 

WEB'S BEST

Top stories from across the globe

  • Asia Pacific's Top Six Credit Risks For 2017
  • The 5 Most Shocking News in 2016
  • Hazel Moore: Banks Are Completely Wasting Valuable Customer Data
  • Morgan Stanley CEO Makes First-Ever Stock Sales After Bank Rally
  • Former Goldman's Partner in Boutique Venture
  • Hong Kong and Singapore in Push for Fee Transparency
More

PHOTO GALLERIES

finews.asia Networking Event

finews.asia Networking Event

Show pictures

stars China Symposium 2016

stars China Symposium 2016

Show pictures

Compare my salary

Compare my salary

Feeling Underpaid? Benchmark your salary by job title, company and location. Find out where you stand in minutes.

compare my salary

Newsletter

Newsletter-SymbolFree Subscription

Subscribe to our free newsletter and receive daily email alerts from the finews editorial team with a list of the top featured articles.

Share with us

Do you have any market intelligence to share with finews.asia – email us on info@finews.asia – All communication is completely confidential and strictly anonymous.