Japanese law firms expand in Asia
Japanese law firms are overcoming their previous tendency of staying close to home, launching offices across Asia to service international clients. comments powered by Disqus
Japanese firms have been setting up shop in China since the 1990s, servicing Japanese investors in the region. Oh-Ebashi LPC & Partners, for example, launched an office in Shanghai in 1995.
Around 2010, Japanese law firms began to expand further afield, launching in Singapore, Vietnam, Thailand and Myanmar.
The Japanese government is looking to support the expansion, with an advisory council under the Cabinet Office recently releasing a report stressing the need for lawyers to gain international experience to keep pace with the needs of clients.
In November, the Justice Ministry, together with the Japan Chamber of Commerce and Industry and the Japan Federation of Bar Associations, established a consultative council on ways to back firms’ cross-border efforts.