Financial Times Ranks Dechert Among the Most Innovative Law Firms in Asia
Dechert LLP achieved its highest ranking yet in the Financial Times Asia-Pacific Innovative Lawyers report, which honors law firms for innovating to solve their clients’ business challenges. This year, the FT ranked Dechert as the 16th most innovative law firm in Asia, ahead of many large peer firms and two places higher than last year.
The annual report, which combines the Financial Times' independent journalism with extensive research carried out by RSG Consulting, recognizes “highly innovative” firms whose lawyers have “made a critical contribution to transforming their clients’ businesses.” Firms are judged on the originality of their legal work, the leadership qualities they display and the impact of their work on a client’s business.
Two Dechert matters were included in the 2018 report, ranked as Standout (the highest ranking possible) and Highly Commended:
* Standout – Led by partner Xiao Yong and senior associate Jason Wu, Dechert helped US-based TerraPower, co-founded and chaired by Bill Gates, establish a nuclear power joint venture with the China National Nuclear Corporation. The JV aims to develop an experimental traveling wave nuclear reactor capable of using waste uranium as fuel.
* Highly Commended - Led by partner Siew Kam Boon and associate Timothy Goh, Dechert helped Angels of Impact, a Singaporean social enterprise group, establish a fund that uses blockchain technology to make sustainable and ethical investments.
At the ceremony, which took place on June 7 at the Asia Society in Hong Kong, Dechert also hosted representatives from client Lazada, Southeast Asia’s leading internet retailer, which won the FT’s ‘Driving Value’ category for in-house legal teams for helping establish a Digital Free Trade Zone in Malaysia.
Some 550 submissions were received from firms in Asia this year, making it the largest and most keenly fought Financial Times Asia-Pacific Innovative Lawyers contest so far.
Read the Financial Times Asia-Pacific Innovative Lawyers 2018 report.
Dechert is a leading global law firm with 27 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.