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September 11, 2017

External counselling services are accessible to lawyers to cope with the stress of the legal profession, shares Deputy Managing Partner Azman Jaafar with The Sunday Times

RHTLaw Taylor Wessing Deputy Managing Partner Azman Jaafar shares with The Sunday Times that external counselling services are accessible to lawyers to cope with the stress of the legal profession. The article was first published in The Sunday Times on 10 September 2017. Law and accounting firms taking steps to tackle stress Source: The Straits Times © Singapore Press Holdings Ltd Date: 10 September 2017 Author: Ng Huiwen The hours can be long but there must be a purpose to their work, say young lawyers. Mr Lee Yi Liang, 28, who practised for about a year before becoming an in-house counsel, said that young lawyers like him were made to feel like they were just moneymakers for the firm. "It is not about the hours (you put in). It must be fulfilling too, otherwise there's no impetus to continue," he said. And it is not just in the legal profession. Young accountants are also feeling the heat, and leaving the industry for the same reasons. Law and accounting firms contacted by The Sunday Times said they are aware of the stress and work-life challenges impacting the young professionals, and have processes to help them. Law firm Withers KhattarWong, for instance, has an informal "buddy system" that allows junior lawyers to consult their seniors when faced with issues, said partner Sharon Lin. The firm has 88 lawyers, of which about 30 per cent have less than five years of experience. Some of its international offices have tie-ups with independent healthcare consultants to run a confidential helpline, and this could be extended here too, she said. Employees at Big Four accounting firm PwC Singapore have access to one-on-one counselling with certified psychologists to help with work and personal problems. These sessions, which can be carried out face to face or over the phone, are free and confidential, said human capital leader Trillion So. Similarly, RHTLaw Taylor Wessing deputy managing partner Azman Jaafar stressed that lawyers have access to external counselling services. "As senior lawyers, we understand that lawyers can feel overworked and under-appreciated at times," he said. Accounting firms Ernst & Young and Deloitte Singapore have focused on creating social and sporting activities, while at mid-sized firm Straits Law Practice, ad hoc lunches and drinks allow lawyers to interact in an informal setting. And at Fortis Law Corporation, founder Patrick Tan said young lawyers, who make up about half of the firm's strength of 29, are not made to do just the "grunt work". "Our motivation is simple: If the young lawyers enjoy legal practice, acquire new skills and feel involved in the business, they will probably stay longer in the firm and in the profession," he said. Mr Z.K. Lim, who previously worked for a large local law firm, said he did have help when he was practising for a year. "I was quite lucky to have partners who would be around to guide me and help manage the stress. But much of it also came from wanting to do our best for our clients," he said. But that meant being on his toes all the time. He said: "After a year or so in practice, I was tired of not being able to 'switch off' even when I was not at work."
September 8, 2017

RHTLaw Taylor Wessing is proud to be Gold Sponsor of the launch of Action Community for Entrepreneurship International Centre, aim to help local start-ups expand overseas and international entrepreneurs find opportunities in Singapore

RHTLaw Taylor Wessing is proud to be a Gold Sponsor of the launch of Action Community for Entrepreneurship International Centre (ACEIC). The launch marks the inauguration of the first one-stop centre within the Singapore Start-up Ecosystem to facilitate start-ups’ access to global markets and allow overseas start-ups and multipliers to network as well as collaborate with the start-ups in Singapore. Head of Intellectual Property & Technology, Jonathan Kok, represented the Firm at the launch. The sponsorship is part of the Firm’s ongoing commitment towards supporting the entrepreneurship landscape through facilitating the growth of local and overseas companies into the Asian region by tapping on its international capabilities. The launch on 6 September 2017 was held at the heart of the nation’s evolving start-up ecosystem, the JTC LaunchPad @ One-North and is supported by SPRING Singapore, International Enterprise Singapore (IE Singapore) and JTC Corporation (JTC). It brought together representatives from trade associations and chambers, embassies, government agencies, innovation hubs and Singapore government agencies to advance towards establishing reciprocal exchanges with start-ups in Singapore.  Senior Minister of State for the Ministry of Trade & Industry and Ministry of National Development, Dr Koh Poh Koon was the Guest-of-Honour. In his officiating speech, Dr Koh said, “The establishment of the ACEIC is therefore timely, to enhance global connections for our entrepreneurs and provide a platform for start-ups to expand into regional markets.”
September 8, 2017

Life Sciences and Healthcare Partner (Foreign Lawyer) Erwan Barre invited as a moderator for the MedTech SME Workshop organised by the Asia Pacific Medical Technology Association

RHTLaw Taylor Wessing Life Sciences & Healthcare Partner (Foreign Lawyer) Erwan Barre was invited as a moderator for a MedTech and Digital Health panel discussion at the MedTech SME Workshop 2017, organised by the Asia-Pacific Medical Technology Association (APACMed). The 3rd edition of this event featured an information-packed programme tailored to the needs of medical device and IVD start-ups, digital health ventures, mid-sized MedTech R&D and manufacturing businesses, as well as research institutes, investors and service providers. Participants were given guidance and deep insights into the opportunities and challenges presented in the medical technology industry. Erwan moderated a panel discussion on the topic “Investment into MedTech & Digital Health in Asia” and shared his expert knowledge on the mergers and acquisition scene. The panellists comprised: Philip Kowalczyk, Senior Director of New Business Development Asia Pacific at Johnson & Johnson Medical CJ Chen, Head of Strategic Initiatives for Emerging Asia at Baxter Ong Jeong Shing, Investment Director for Venturecraft Colin Tan, Chief Operating Officer of EndoMaster The one-day workshop was attended by over 100 C-Suites, directors and business development professionals from start-ups, SMEs and major organisations including Abbot and the Health Sciences Authority.
September 4, 2017

Construction & Infrastructure Partner Conrad Campos advises property buyers to discount the usually attractive illustrations of the development as they may be subjective, as published in The Straits Times

RHTLaw Taylor Wessing Construction & Infrastructure Partner Conrad Compos advised that beyond mandatory particulars such as location and land tenure, which must be provided accurately, buyers should discount the usually attractive illustration or depictions of the development as they may be subjective in The Straits Times. The article was first published in The Straits Times on 3 September 2017. Hey, where's the fountain? Some condo buyers question lack of design features that had been advertised earlier Source: The Straits Times © Singapore Press Holdings Ltd. Date: 3 September 2017 Author: Annabeth Leow Several unit owners at Braddell condominium E Maison have raised the question of design features that had been advertised earlier but did not feature in the completed project. The topic came up at the condo's first annual general meeting (AGM) recently. While the meeting broke up over a disagreement surrounding a vote for members of the management council, several owners had voiced their disquiet about certain design features. They said a roundabout and a fountain were among features cited in marketing materials but not seen in the finished condo. But developer Top Global said at the meeting on Aug 17 that the roundabout "was not constructed as its turning radius did not comply with (regulatory) requirements". The fountain could not be provided as the area was a designated fire engine access road, it added. "We wanted the residents to form their own management council and to begin managing their estate, (that's) why we called for the AGM earlier than we needed to," a Top Global spokesman said in response to a Sunday Times query. However, the AGM did not go as planned, the spokesman said. "Owing to the disruptive activities of these select few residents, there was no way to carry on with the poll and the AGM in a proper and lawful manner," the spokesman said. Another AGM will be called in due course, he added. E Maison owners may not be alone in questioning the lack of certain design features. Snazzy sales brochures can pique interest, but sometimes the reality may be different. Lake Life, in the Jurong Lake District, was billed as a "smart" development when it hit the market in 2014. Media reports spoke of how the executive condominium could run a driverless electric shuttle bus, subject to the authorities' approval, and units could have features such as Internet appliance control. The project was popular, drawing more than 1,200 applications for its 546 units at the launch. Lake Life obtained its Temporary Operation Permit last December, but neither of the much-heralded features has turned out as some expected. The driverless shuttle is still a no-go, while the smart-home packages do not come built in. A spokesman for developer Evia Real Estate told The Sunday Times "there is likely a misperception on the provision of the smart home", which must be bought from a preferred vendor. The spokesman said: "In all marketing materials, we have mentioned that the autonomous shuttle services will be available subject to (the relevant) authority's approval." As of now, driverless vehicles are being tested only in the one-north area. "In view of the current situation", the spokesman said, the developer will provide free daily shuttle bus services to nearby MRT stations, with plans to do so until a management committee is formed at the first AGM. Accountant William Loo, 38, cited price, location and nearby amenities as the key factors that drew him to his new four-bedroom home. Still, he said, "smart-home (features) would have been fun to have". Beyond mandatory particulars such as location and land tenure, which must be provided accurately, buyers "should discount the usually attractive illustration or depictions of the development as they may be subjective", said Mr Conrad Campos, a partner at RHTLaw Taylor Wessing. He said developers are obliged to provide only features depicted in the showflat or models at the showroom, in the specifications they offer for the purpose of payment of the booking fee or in the sale and purchase agreement. While projects must meet all regulatory standards, developers can start selling units as soon as they have written permission to develop the land, building plan approval and a housing developer's sale licence. An Urban Redevelopment Authority spokesman said when changes must be made to meet standards, "the developers do not need to obtain consent from the purchasers". But "to minimise subsequent design changes, (Qualified Persons) should ensure that their development plans comply with all relevant agencies' requirements before the project is marketed".