Skip to comments.Japan law firms rush to set up in Asia
Posted on 07/08/2013 8:38:40 PM PDT by TexGrill
OSAKA Japanese law firms are scrambling to open offices throughout Asia as they chase corporate clients exploring opportunities in the region.
When Toridoll Corp., which operates the Marugame Seimen udon restaurants, including in the U.S. and Russia, inked a deal last year with a Chinese company to set up a joint venture, it enlisted the help of a Japanese law firm with an office in China.
The presence of a (Japanese) law firm is reassuring as we can seek advice at any time, a Toridoll official said, referring to the hazards of doing business abroad.
Oh-Ebashi LPC & Partners opened an office in Shanghai in 1995, making it an early adopter of internationalization among Japanese legal firms, which generally avoid venturing abroad.
If lawyers step in and scrutinize local laws, they can offer advice so that future risks can be averted, said lawyer Michiko Kanai at Oh-Ebashi LPC & Partners.
Japanese law firms have been advancing into China since the 1990s, mainly in Beijing and Shanghai. Demand rose as many companies attempting to gain footholds in China began encountering legal problems related to acquisitions and other deals.
Around 2010, Japanese law firms began setting up shop in Southeast Asian countries, including Singapore, Vietnam, Thailand and Myanmar. In Singapore, five major firms have opened offices or are planning to do so in the business year ending next March.
(Excerpt) Read more at japantimes.co.jp ...
Hello, my name is Noriuchi and I have mesotheleoma.
Maybe they can contact Asiana Airlines. I bet they have an urgent need for representation.
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