16 May 2024
Rajah & Tann ranked as Most Innovative Law Firm in Southeast Asia by FT Innovative Lawyers Asia-Pacific 2024
Rajah & Tann Singapore (R&T) continues to be ranked as the most innovative law firm in Singapore and Southeast Asia. In 19th place, the firm is the only Singapore and Southeast Asia law firm to be ranked in FT’s league of the top 20 most innovative law firms in the Asia-Pacific region, marking our 11th consecutive year on the list.
R&T was recognised in a number of categories including:
- Innovation in People and Skills: Highly Commended – The Rajah & Tann Asia (RTA) Regional Lawyer Development Framework which identifies common skills and qualities required by lawyers working across the various business sectors, jurisdictions, and languages in the region. Lawyers can receive over 50 hours of training with at least half of programme comprising practical activities.
- Innovative Lawyers in Restructuring: Highly Commended - Successfully represented DeFi Payments as lead counsel in the very first cryptocurrency restructuring implemented in Singapore following the collapse of its crypto exchange, Vauld, in July 2022. This matter was led by Sheila Ng, Deputy Head of Restructuring and Insolvency Practice.
- Innovation in Digital Tools: Commended – The anti-money laundering (AML) tool for property developers is an AI tool that automates due diligence checks of potential buyers to meet the new requirements for AML checks in residential property purchases which were implemented by Singapore’s Urban Redevelopment Authority in June 2023. This project was led by our Corporate Real Estate team and Rajah & Tann Technologies.
- Innovation in Digital Strategy: Commended – To make lawyering more sustainable, the firm is working with its technology arm, Rajah & Tann Technologies, to bring in software that will encourage lawyers to embrace digitalisation fully and prepare for the future adoption of AI systems.
- Innovative Lawyers in Dispute Resolution: Commended - Defended NetEase Interactive Entertainment Pte Ltd against an application for an interim injunction in Singapore in December 2022 to force withdrawal of a video game from sale. The case was led by Lau Kok Keng and Tng Sheng Rong.
In addition, R&T’s Partner Rebecca Chew was recognised among the law firm leaders who turned ideas into actions. FT noted her contribution as Chairperson of Rajah & Tann Foundation, where her ambition is to expand the existing services of the foundation and foster a wider culture of volunteerism with the firm.
Based on a unique methodology, FT Innovative Lawyers Asia-Pacific 2024, produced by the FT and its research partner, RSGI, is a ranking, report and awards schedule to evaluate lawyers, law firms and in-house legal teams on their ability to deliver exceptional value to society using technological advancements and innovative approaches.
About Rajah & Tann Asia – www.rajahtannasia.com
Rajah & Tann Asia brings together leading law firms and lawyers in Cambodia, China, Indonesia, Lao PDR, Malaysia, Myanmar, Singapore, Thailand, the Philippines and Vietnam, with each offering the highest standards of service to locally-based clients while collectively having the capability to handle the most complex regional and cross-border transactions and to provide excellent legal counsel seamlessly across the region. With more than 1,000 fee earners, all working towards one shared goal, we are lawyers who know Asia and who give our clients home advantage.