Law firm service drops off in south east Asia

There is a mismatch between the needs of Australian-based multi-nationals expanding into south east Asia and the services which their law firms can afford to provide, according to recent research and analysis.
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Law firms are finding it difficult to deal with cheaper fees in Asia Pupes

The latest Sharplegal survey from Acritas shows that nearly a half (45 per cent) of multinationals need advice in South East Asia. However, law firms are finding it difficult to offer services at the fees they are commanding at the moment. Lisa Hart Shepherd, CEO of Acritas, told Lawyers Weekly: 'The lack of certainty around the laws in some South East Asian jurisdictions can reflect badly on the lawyers providing the advice. It is not always easy to predict outcomes, and the process can be slow, which also impacts on perceived service levels.' Source: Legal Week

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