Morrison & Foerster – the Law Firm of Choice
Morrison & Foerster has established itself as a trusted legal advisor in Singapore, focusing on M&A, private equity and venture capital, finance, compliance counseling and dispute resolution. In the rest of Asia, Morrison & Foerster is the leading international law firm in Japan, and also has a strong presence in Hong Kong, Shanghai and Beijing.
Shirin Tang, a corporate partner in Morrison & Foerster’s Singapore office, provides her perspective on the U.S.-Singapore relationship and what separates the firm from its competitors in the following Q&A. Ms. Tang has advised extensively on transactions across Southeast Asia, China and the U.S., and practiced in New York for over six years.
As the two countries mark 50 years of bilateral ties, what impact has U.S. investment had on the Singaporean economy? How closely tied are the two economies today?
Economic ties between the U.S. and Singapore are more relevant and symbiotic than ever. U.S. companies like our West Coast biotech clients find Singapore attractive as an Asian hub because of its meaningful emphases on innovation and foreign investment, the access it provides to Asian capital sources, and an attractive socio-economic environment.
Conversely, Singapore and regional companies are investing in the U.S. with increasing sophistication. We are also seeing a growing appetite from regional investors to navigate U.S. regulatory issues, such as securities law compliance, antitrust filings and national security approvals, to close transactions.
Morrison & Foerster stands out for its commitment to client service. How has the firm positioned itself in the increasingly competitive Singaporean legal services industry?
We set ourselves apart by focusing on core sectors in which we excel globally that are particularly in demand in Asia such as real estate/REITs, life sciences and technology, media and telecommunications, and FinTech. We have also purpose-built our Singapore offering for Asia, including U.S., English and Japan qualified partners with decades of on-the-ground experience. Finally, we have developed complementary practices that provide significant value to key clients, such as finance, funds and compliance.
These strategies have paid off. For example, Mergermarket ranked us the top international law firm by deal value across Southeast Asia for 2015.
What message would you like to share with our Singaporean and Southeast Asian readers regarding Morrison & Foerster’s continued commitment to providing interdisciplinary and cross-border transaction solutions across the region?
Our clients benefit from our interdisciplinary approach across matters ranging from M&A, convertible debt issuances, real estate private equity funds and high-tech joint ventures to dispute resolution. We pride ourselves on having full execution capability in Singapore, having led multi-office teams on billion-dollar transactions.
We also deliver unique expertise developed in our Singapore office, such as complex financial institutions transactions, which few firms offer in Southeast Asia. In addition, we are the leading regional advisors on warranty and indemnity insurance, having advised insurers on between 80-85% of policies written in Asia during the last 24 months.