This week we continue on the topic of market liberalization. Last time I touched on the wider community’s impatience about India and the lack of progress in opening up the country’s legal market. I didn’t get to what would happen after/if the market was indeed liberalized. Would that open the floodgates? And what would happen after that? Is market liberalization the panacea for all of firms’ Asia problems? 

From Law.com International in Hong Kong, this is the Asia Legal Briefing. I am Anna Zhang, here to help you digest some of the stories my colleagues and I write about the law and the business of law in Asia. You can also find this briefing here on our website and sign up to receive copies directly in your inbox. And feel free to share comments and feedback at [email protected] or on Twitter @lawdotcomasia.