Contents

  1. Introduction
  2. How to participate in the research
  3. Ranking categories
  4. Firm ranking and lawyer rating criteria
  5. Leading Lawyers
  6. asialaw awards

1. Introduction

asialaw 2022/23 will be the 27th annual edition of a publication that reports on the most important matters, transactions and disputes in Asia. It provides a succinct and authoritative guide to the leading law firms and key individuals in the legal market.

In addition to the asialaw rankings guide, asialaw publishes awards shortlists and winners recognising the best firms in Asia, and highlights the best firms and lawyers delivering client service excellence in the region.

Currently asialaw provides up to date information and analysis of law firms in 23 jurisdictions, covering 28 practice areas and industry sectors. We accept submissions from firms based anywhere in Asia and will produce rankings and ratings for any jurisdiction which we have sufficient deal evidence and client feedback for. You can view a complete list of all rankings we are actively researching on our PRACTICE AREA RANKING CATEGORIES BY JURISDICTION GUIDE.

Our researchers track legal market developments throughout the year to inform their research. If you have any relevant firm or deal/case news you would like us to consider for our research or online output, please contact our editor Kelsy Li: kelsy.li@euromoneyasia.com 

2. How to participate in the research

To take part in our research simply:

 

*NEW FOR 2022*

Euromoney Accreditation Portal

asialaw and Euromoney (the business' parent company) have developed a new submission portal (Euromoney Accreditation Portal). We will be sending an announcement with further details soon.

Benefits for participants:

  • Ability to create an account
  • All submission data stored within firm accounts
  • Detailed submission alerts
  • Ability to submit referees on Excel
  • Single portal for all Euromoney legal brands (asialaw, Benchmark Litigation, IP Stars, LMG Life Sciences, and World Tax)

Please note:

  • By submitting your firm and lawyers will be considered for all relevant research undertaken in calendar year 2022/23: 27th edition of asialaw’s research; asialaw’s leading lawyers, and asialaw’s awards.
  • asialaw does not accept submissions by email.
  • All referees uploaded through the Euromoney Accreditation Portal on the asialaw Excel template by the deadline will be contacted. Please do not submit client referee contact information on the research form.
  • Please do not submit research forms using the PDF format.
  • If you have any questions about the submission process, please contact the relevant regional editor via asialaw's contacts page.

 

THE SUBMISSION DEADLINE IS APRIL 8, 2022

SUBMISSION GUIDELINES

Research form

  • Do NOT use a research form from the previous years as there are adjustments in the research form each year. Download the latest available research form every year.
  • Do NOT delete any question or section in our research form. Leave it blank, if you do not wish to provide any specific information.
  • All information should be written in English ONLY. Supplemental information can be submitted in the local language upon permission.
  • Upload it to our Euromoney Accreditation tool once completed. We do not accept submissions via email.
  • Please make sure all your research forms are fully completed and are correct versions. We cannot guarantee any corrections or amendments to what you first submitted will be implemented.

Practice developments

  • Key individuals within each practice area team.
  • Recruitment and departure of senior lawyers (partner or counsel level).
  • Notable developments – specialisations, panel appointments, industry award wins etc.

Deal/case highlights

  • Examples of the firm’s key work in the last 12 months prior to the submission. Deals and cases must have either been closed or had noteworthy work completed on them in this time period.
  • Please mark confidential information in RED and indicate clearly if the case is wholly or partially confidential (if partially, please specify what elements). Any information given may be published, except where indicated.
  • Provide up to 20 case highlights per practice area, listing in order of importance or significance. You may provide more than 20 cases if you wish.
  • Firms can submit based on practice areas listed below, annotating industry sectors related to each case/deal, in each jurisdiction in which they are active.
  • Provide a clear explanation of the firm’s roles on the deals and why the deals and cases were complex, innovative or significant.
  • Please nominate a maximum of three (3) cases to be considered for the annual award. All the submitted firms will be considered for the next asialaw awards.
  • Keep the contents concise and to the point. You may bold some sentences indicating importance.
  • If you are unclear about the practice area and industry sector categories, please refer to our PRACTICE AREA AND SECTOR DEFINITIONS.
  • Only include work that is relevant to our research on the form (see our 'Ranking categories' section).
  • In smaller jurisdictions, General business law covers all sectors and practice areas.

Client referees

  • There is NO LIMIT on the number of client referees you can submit.
  • All client referees that are submitted will be contacted.
  • All client information provided will be treated as confidential.
  • We do not accept late submissions for client referees.
  • Please provide client information in ENGLISH.

Please be advised we cannot accept research forms or client referees sent to us by email as it contravenes our GDPR policy.

3. Ranking categories

In each jurisdiction, we have selected what we consider to be the most important and active industry sectors/practice areas in the market as the ranking categories.

You can see which sectors and practice areas are covered in your jurisdiction below.

BANGLADESH
General business law

BRUNEI
General business law
SECTORS - Banking and financial services, Infrastructure, Real estate

CAMBODIA
General business law
SECTORS - Banking and financial services, Consumer goods and services, Industrials and manufacturing

CHINA
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private equity, Regulatory, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Industrials and manufacturing, Infrastructure, Insurance, Materials, Media and entertainment, Mining, Oil and gas, Pharmaceuticals and life sciences, Real estate, Technology and telecommunications

HONG KONG
PRACTICE AREAS - Banking and finance, Capital markets, Construction, Corporate & M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private client, Private equity, Regulatory, Restructuring and insolvency
SECTORS - Banking and financial services, Consumer goods and services, Insurance, Real estate, Technology and telecommunications

INDIA
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private equity, Regulatory, Restructuring and insolvency, Tax
SECTORS - Aviation, Banking and financial services, Energy, Infrastructure, Insurance, Media and entertainment, Pharmaceuticals and life sciences, Real estate, Shipping, Technology and telecommunications

INDONESIA
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Labour and employment, Private equity, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Industrials and manufacturing, Infrastructure, Real estate, Technology and telecommunications

JAPAN
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private equity, Regulatory, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Infrastructure, Insurance, Media and entertainment, Pharmaceuticals and life sciences, Real estate, Technology and telecommunications

KAZAKHSTAN
General business law
SECTORS - Energy, Infrastructure, Oil and gas

LAOS
General business law
SECTORS - Banking and financial services, Infrastructure

MACAU
General business law
SECTORS - Aviation and shipping, Banking and financial services, Real estate, Technology and telecommunications

MALAYSIA
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Labour and employment, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Infrastructure, Insurance, Real estate, Technology and telecommunications

MALDIVES
General business law

MONGOLIA
General business law
SECTORS - Mining

MYANMAR
General business law
SECTORS - Banking and financial services, Energy, Infrastructure, Real estate, Technology and telecommunications

PAKISTAN
General business law
SECTORS - Energy, Infrastructure

PHILIPPINES
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Labour and employment, Tax
SECTORS - Aviation and shipping, Banking and financial services, Energy, Infrastructure, Real estate, Technology and telecommunications

SINGAPORE
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private equity, Regulatory, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Infrastructure, Insurance, Real estate, Technology and telecommunications

SOUTH KOREA
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private equity, Regulatory, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Industrials and manufacturing, Infrastructure, Insurance, Media and entertainment, Pharmaceuticals and life sciences, Real estate, Technology and telecommunications

SRI LANKA
General business law

TAIWAN
PRACTICE AREAS - Banking and finance, Capital markets, Competition/antitrust, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Investment funds, Labour and employment, Private equity, Regulatory, Tax
SECTORS - Aviation and shipping, Consumer goods and services, Energy, Insurance, Real estate, Technology and telecommunications

THAILAND
PRACTICE AREAS - Banking and finance, Capital markets, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Labour and employment, Restructuring and insolvency, Tax
SECTORS - Aviation and shipping, Banking and financial services, Consumer goods and services, Energy, Industrials and manufacturing, Infrastructure, Insurance, Real estate, Technology and telecommunications

VIETNAM
PRACTICE AREAS - Banking and finance, Capital markets, Construction, Corporate and M&A, Dispute resolution, Intellectual property, Labour and employment, Tax
SECTORS - Banking and financial services, Consumer goods and services, Energy, Industrials and manufacturing, Infrastructure, Real estate

Please note that the above ranking categories are based on the current edition of asialaw profiles and are a work-in-progress that may change depending on market feedback. In smaller jurisdictions, the main category is General business law which covers all practice areas and sectors that have not been separated out.

4. Firm ranking and lawyer rating criteria

A law firm’s ranking reflects its overall ability to service clients in each industry sector or practice area.
An individual lawyer’s ranking reflects their ability to service clients in each industry sector and also their practice area specialisms.

Our rankings are based on THREE key criteria:

4.1 Deal/case evidence

In each research cycle, we ask firms to provide deal and case highlights from the previous 12 months.

Work evidence is the decisive factor we use to determine a firm’s ranking. For a firm to be ranked, it must have a strong track record of advising on matters relevant to our ranking categories. The same applies to the ratings of individuals; lawyers must have been working on significant deals and cases in some capacity to be rated.

We assess work evidence for complexity or innovation through criteria which varies according to the practice area and jurisdiction. When making an assessment of firm’s work we take into account the volume of complex work a firm does in an area. Firms that consistently have a high market share of complex deals and cases, relative to their jurisdiction and the practice area, are ranked highly, if we have sufficient supporting client feedback for the work.

Primarily firms submit deals to us via the research form. Our research team also monitors daily legal news and updates to complement this.

We also analyse statistical evidence of transaction values and volumes produced by external publications.

4.2 Client feedback

We speak to a wide range of corporate and in-house contacts as part of our ‘CLIENT FEEDBACK SURVEY’ to get their opinions on the firms and lawyers they use.

We use client feedback to help us asses the quality of advice and service lawyers and firms are providing. We survey tens of thousands of corporate and in-house contacts provided to us by participating firms annually to ask their opinions on the firms and lawyers they use.

Client feedback is used in support of work evidence when determining a firm’s ranking or lawyer’s rating. What this means is good feedback alone will not ensure a firm or lawyer is ranked or rated – a firm or individual must be experienced in advising on significant transactional work.

When you submit you should try and provide referees for all the lawyers at the firm you feel should be rated. A lawyer working on significant deals/cases who receives a reasonable amount of good client feedback is more likely to be rated.
Increasing response rate of referees

Some ways we have found increase the number of referees who respond to our survey are:

  •  Confirm that your referees are happy for us to contact them before you provide their details to us.
  • Only provide referees the firm has advised on work relevant to our ranking categories.
  • Only provide referees the firm has advised on relevant work in the 18 months prior to submitting.
  • Notify your referees when we will be contacting them. We email all firms in advance of contacting their referees with details about the email referees receive.

4.3 Peer feedback

During each research cycle, we conduct an online Lawyer Survey of lawyers to get their thoughts and feedback on the firms and lawyers in their markets. All partners and senior lawyers active in work relevant research to our ranking categories are invited to participate.

We conduct a significant number of phone and face-to-face interviews with practitioners, where we ask for feedback on firms and discuss trends. By discussing market trends we are able to gain a better understanding of what the most significant deals and cases in the market have been recently, which helps us assess work submitted to us.

Peer feedback can be beneficial for individual ratings as lawyers are well placed on recognising the leaders in their own practice areas.

Peer feedback is secondary to client feedback and we only take feedback into account where it is supported by work evidence.

5. Leading Lawyers

Alongside our firm rankings, we also recognise the work of outstanding individuals. Our recommendations are based on the same three factors as our law firm rankings (outlined in the 'Firm ranking and lawyer rating criteria' section) and consist of the following categories:

Senior Statesman
Senior figures with strong track records who are still influential in the market.

Elite practitioner
True leaders of their field, these lawyers have an outstanding track record and are recognised as the standout performers in their country or practice area.

Distinguished practitioner
Lawyers who are highly regarded by their peers and possess a strong record and positive client feedback. These are lawyers that lead deals/cases.

Rising Star
'Ones to watch' lawyers who are building their reputations in the market and have the potential to become one of the leading lawyers in near future. These are lawyers that assisted on deals/cases.

Notable practitioner
Proven to be active in the market with positive feedback from peers and clients.

6. asialaw awards

Every year, asialaw awards select winners for the best firms, teams, lawyers as well as deals and cases in Asia over the past 12-18 months. The awards decisions will be based on the submissions and research for the asialaw 22/23 27th edition.

There is no need for any separate awards submissions. Firms participate in asialaw annual research process will automatically be considered for the awards.

View asialaw Awards 2021 winners here.

Overall guidance

The awards will be judged according to:

  • Innovation (Did the advice the firm gave show something more than the straightforward answer that is commonly used?)
  • Complexity (Did the matter address legal issues that were out of the ordinary and what ingenuity did the firm show to solve them?)
  • Impact (What impact did the advice have on the client? For example, did it help them take over their biggest rival? Issue equity and debt in a particular market for the first time? Win an unprecedented judgement in court?)


Regional awards categories

These categories honour the best firms across the Asia-Pacific region under the following categories:

Legal expertise awards:

1. Banking and finance
2. Capital markets
3. Competition/antitrust
4. Corporate M&A
5. Dispute resolution
6. Intellectual property
7. Labour and employment
8. Regulatory
9. Restructuring and insolvency
10. Tax

Industry expertise awards:

1. Aviation and shipping
2. Banking and financial services
3. Energy
4. Infrastructure
5. Insurance
6. Real estate
7. Technology and telecommunications

While these awards will be regional, the nominees do not necessarily have to be from regional firms. National firms will be considered.

Jurisdictional Firms of the year

These awards will recognise the best firms in each of the 23 jurisdictions covered by asialaw. It is aimed at those who have displayed outstanding achievement in advising clients on local law matters, across a range of practice areas.

1. Bangladesh
2. Brunei
3. Cambodia
4. China
5. Hong Kong
6. India
7. Indonesia
8. Japan
9. Kazakhstan
10. Laos
11. Macau
12. Malaysia
13. Maldives
14. Mongolia
15. Myanmar
16. Pakistan
17. Philippines
18. Singapore
19. South Korea
20. Sri Lanka
21. Taiwan
22. Thailand
23. Vietnam

Editor’s choice awards

Impact cases and impact deals of the year

asialaw’s editors will convene to select a number of cases and deals which had a national, or even regional, impact over the year. There will be no shortlists for this category. All law firms and in-house on the deals selected will be honoured at the ceremony.

Best newcomer of the year

To be eligible for this award, editors will analyse the work in 2020 of any firm that has been set up in any jurisdiction in Asia in the last five years.

Asia firm of the year

This award will go to the firm, which has performed the best over all categories. Although it is likely to be a regional firm, domestic firms are considered. Editors are looking for a firm that has displayed outstanding achievement, and made a substantial impact, in advising clients on matters across a range of practice areas.

Client service excellence awards

Firm of the year

These awards are decided using the objective data asialaw captured regarding client feedback during the 2022 edition research process. In deciding the shortlist, each firm will be given an average score using the client’s surveys. The award will go to the firm with the highest score. There will be no shortlists for Client service excellence awards. All winners in this category will be honoured at the ceremony.

Lawyer of the year

Similar to the impact cases and deals, the asialaw editors will select a number of individuals who had great achievements in the previous year based on the research teams’ analysis of the matters that lawyer handled. The process will also include analysis on the individual scores provided by clients in surveys provided to asialaw. There will be no shortlists for Client service excellence awards. All winners in this category will be honoured at the ceremony.

For more enquiries, please contact our team.