The New York of Southeast Asia? Singapore’s Minister for Law K. Shanmugam wants to make Singapore the legal capital of the region, and he has implemented a multi-pronged strategy to make that happen. Targeting the cross-border practice in particular, his Ministry of Law has added multi-jurisdictional research to its legal education system, launched programs to attract foreign law firms, promoted Singapore as a regional dispute resolution center, and encouraged multinationals to locate in-house legal team in Singapore. Shanmugam recently spoke with The Asian Lawyer’s Anna Zhang about Singapore’s initiatives.
- Improving legal education
The ministry provides funding to universities to set up “centers of excellence,” where lawyers and graduate students from other jurisdictions are invited to conduct research and training on various areas of the law. For example, the law faculty of National University of Singapore is launching a Center for Law and Business; a Center for Banking and Financial Law; a Center for Maritime Law and a Center for Asian Legal Studies.*
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