March 27, 2015

RHTLaw Taylor Wessing holds memorial ceremony in honour of the late Mr. Lee Kuan Yew

RHTLaw Taylor Wessing LLP (“the Firm”) held a memorial ceremony for Singapore’s Founding Father, the late Mr. Lee Kuan Yew. The memorial tribute brought together the entire firm’s staff to pay their respects. A minute of silence was held, which allowed members of the Firm and group of companies to honour the First Prime Minister. Guest speakers included Members of Parliament Mr. Yeo Guat Kwang (Ang Mo Kio GRC) and the now retired Dr. Low Seow Chay, who touched upon Mr. Lee’s pragmatism as a leader and his place in history as a great man. Speaking on behalf of the Firm during the ceremony, RHTLaw Taylor Wessing LLP Senior Partner Mr. Rajan Menon said, “The RHT family is deeply saddened to have lost a remarkable leader and our founding father, Mr. Lee Kuan Yew. Mr. Lee will be remembered for generations to come as the father of modern Singapore and for his lasting contributions, both to Singapore and to the region. As such, the Firm will strive to continue to uphold his legacy for years to come.” RHTLaw Taylor Wessing LLP Managing Partner Mr. Tan Chong Huat said, “RHTLaw Taylor Wessing LLP will honour the spirit of Mr. Lee Kuan Yew by embracing ‘Singapore's destiny’ – the legacy that Mr. Lee had tirelessly strived for in his life's work. We shall do well to imbibe his wisdom to heart as we move forward as a nation.” Following the memorial ceremony, the Firm’s staff departed to attend the Lying in State at the Parliament House to bid one last farewell to the late Mr. Lee Kuan Yew. RHTLaw Taylor Wessing LLP will also present a commemorative book to the Lee family, signed with notes of condolences by the Firm’s staff.
March 17, 2015

RHTLaw Taylor Wessing shortlisted for the WealthBriefingAsia Singapore Awards 2015

RHTLaw Taylor Wessing, a leading Singaporean law firm with international capabilities, has been shortlisted for the WealthBriefingAsia Singapore Awards 2015. Showcasing ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2014’.  Commenting on the firm’s shortlisting, Tan Choon Leng, Head of Private Wealth, RHTLaw Taylor Wessing said: "Our clients’ needs are our priorities and satisfaction comes when we know that their expectations have been exceeded. The team understands the value of providing frequent updates to clients which has been key to long-lasting relationships. We are delighted to have been shortlisted and this is testament to the hard work the team has put in over the last 12 months.”   ClearView Financial Media’s CEO, and Publisher of WealthBriefingAsia, Stephen Harris, was first to extend his congratulations to the shortlisted firms. He said: “The firms who have been shortlisted in these awards are all worthy competitors, and I would like to extend my heartiest congratulations. These awards are judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics.  That is a unique, and I believe, compelling feature. These awards will recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process - such that the awards truly reflect excellence in wealth management. Our aim is to make these annual Awards one of the brightest, and keenly contested highlights in the wealth management calendar.” Winners will be announced at a gala awards dinner which will be held in Singapore on 16 April 2015 at Raffles Hotel.
March 4, 2015

RHTLaw Taylor Wessing’s article titled “Getting the formula for CEO pay right” featured on The Business Times

An opinion piece by Managing Partner Tan Chong Huat, Partner Ch’ng Li-Ling and Senior Legal Counsel Dr Tan Lay Hong was published on 4 March 2015 in The Business’ Times Opinion section. The commentary, titled “Getting the formula for CEO pay right”, suggested that based on a 2013 SID survey, companies may be moving away from a profit-based metric as the sole determinant of CEO pay. 81% of the respondents cited the roles and responsibilities of the executive director as a factor in determining compensation, as compared to the second most popular factor “results achieved” (68%). The commentary asked if this could be a sign of growing dissatisfaction with a profit-based metric for CEO pay To read the full article, please click here.
March 3, 2015

RHTLaw Taylor Wessing’s ASEAN Plus Group (APG) member firm, Siam City Law Offices, listed as a firm to watch in 2015 by Asian Legal Business

RHTLaw Taylor Wessing congratulates our APG member firm Siam City Law Offices for being the only Thai law firm on the ‘Firms To Watch 2015’ list put together by Asian Legal Business (ALB). Leveraging on access to other countries in ASEAN through RHTLaw Taylor Wessing’s ASEAN Plus network, Siam City Law Offices was quoted as saying, “Since we have a good understanding of clients in Asia, we have set up firms in Myanmar and Laos to further expand our horizon and to be one of the leading full-service service commercial law firms of choice for local, regional, national and international clients in the Southeast Asia region.” ALB’s Firms To Watch 2015 list celebrates law firms that may be small in size but big in potential. The list was compiled taking into account submissions from the firms themselves, along with market feedback and ALB’s own insight into Asia’s legal industry.