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Singapore law firms urged to drop commoditised work
The next Law Society president has warned firms to move out of commoditised work such as conveyancing.
Singapore smaller law firms urged to find new areas of work leungchopan
Thio Shen Yi, who is joint head of TSMP Law Corporation, says small firms should move out of 'sunset areas, such as basic conveyancing and accident work, which can be commoditised and churned out without significant lawyer involvement.' He said that they should target sunrise areas such as criminal or family law as a growing population meant more crimes and more divorces. Part of his brief as Law Society president will be to identify industry trends and help fims build up relevant skills. Source: Asiaone.com
