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Have QFLPs Worked for Singapore?
Earlier this year, the Singapore government announced it would be accepting applications for the Qualifying Foreign Law Practice program, which has so far granted licenses to six foreign law firms to practice Singapore law. Interest is expected to be high. But how much of a difference has the QFLP regime actually made?King & Spalding Crowned-Again-Passing $350M in Revenue
Julia D. [email protected] Billion-dollar deals and talent raids of New York firms kept King Spalding on top in 2001. The firm's $352 million revenue represents a 17.7 percent increase from 2000's $299 million. "We had a good year," Chairman Walter W. Driver Jr. said.King Spalding's $137 million net income gave the firm's equity partners average profits of $895,425.Have QFLPs Worked for Singapore?
Singapore is about to allow more international firms to practice local law as Qualifying Foreign Law Practices (QFLPs). But while the Singapore legal market has certainly grown since the first QFLPs were named in 2008, can the program really be called a success?Asia Deal Digest: October 10, 2013
* Sidley Austin guides CNOOC on $2 billion bond offering* Chinese computer game company turns to Davis Polk for Hong Kong listing* K&L Gates leads on long-anticipated $925 million Philippine retail IPOAsia Deal Digest: June 13, 2013
* S&C and Jones Day on $2.5 billion acquisition of U.S. tire maker by India's Apollo* MoFo advising SoftBank on $3.3 billion bond issue* Freshfields readies New World's $700 million Hong Kong hotel IPOThe Churn: Lateral Moves in The Am Law 200
K&L Gates hires five new partners in Australia and Asia; a Dickstein Shapiro practice group leader leaves the firm for Barnes & Thornburg; and Husch Blackwell hires a veteran of the Federal Energy Regulatory Commission. The Churn is constant. Please send all announcements to [email protected].State AI Legislation Is on the Move in 2024
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