09 Mar '11, 9am

S'pore may ease rules on foreign law firms

SINGAPORE: The government may further liberalise the Qualifying Foreign Law Practice or QFLP scheme to allow more foreign law firms to practise Singapore law, in permitted areas. Six foreign law firms have been granted licences to do so. The law ministry will review these firms in the second half of the year. It will study information collected from both international and local law firms. Minister for Law K Shanmugam said: "Since commencement of the QFLP scheme, the six firms have increased their manpower by over 200 lawyers. "Almost two-thirds of these lawyers were hired from overseas, and more than half were the result of transfers from the QFLP's overseas officers. "The scheme is achieving one of our desired outcomes, the attraction of more legal talent to Singapore, while at the same time providing more exciting opportunities for local lawyers to work in top internatio...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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