In the Press
July 5, 2023

International Law Firms Double Down on Singapore Expansion (International Financial Law Review)


Singapore has been a prime location for international law firms interested in expanding their business in Southeast Asia in the past few years. Driven by the rapid flow of investment into areas such as project finance and the growth of private wealth, sources expect more firms to set up in the new few years. IFLR spoke with international firms that have opened offices in Singapore in recent years to better understand their expansion strategies. Goodwin set up its Singapore office in 2022 with its client base of mid-market investment firms increasing their footprint in Singapore. It, however, continues to operate in Hong Kong since 2008. "Our Hong Kong and Singapore offices are serving the same types of clients, providing joint offerings in areas such as private equity and fund formation across both offices," Greg Barclay, partner and chair of Goodwin's Singapore office, told IFLR.