An economic downturn coupled with the breadth of jurisdictions covered by most regional legal departments add up to tough times for corporate counsel in Southeast Asia.
Not surprisingly, they expect their law firm providers to tough it out with them. About 35 senior corporate counsel and a few private practice lawyers in Singapore turned out earlier this spring to share stories about how they are managing to meet expectations in a world where nearly 100% of transactional support is cross-border in nature and cost control is stringent.
