Rajah & Tann Singapore Contributes to India Business Law Journal: “CFAs add to Singapore’s legal hub status”

Rajah & Tann Singapore recently contributed an article titled “CFAs add to Singapore’s legal hub status” to the India Business Law Journal, a leading legal magazine in the region.

A conditional fee arrangement (“CFA“) is a lawyer-client arrangement in which a lawyer receives payment of all or part of their legal fees only in specified circumstances, such as where the claim is successful. In January 2022, Singapore passed legislation that allows its lawyers to enter into CFAs in arbitration proceedings, as well as in certain proceedings before the Singapore International Commercial Court (SICC).

Authored by Vikram Nair (Deputy Head, Dispute Resolution) and Avinash Pradhan (Deputy Head, International Arbitration), this article covers the legislative framework for CFA and comments on this development in the context of Singapore’s efforts to promote the country as a hub for international dispute resolution.

For more information, click here to read the full Authored Publication.

CONTACTS

Deputy Head, Dispute Resolution
+65 6535 3600
Singapore, South Asia,
Deputy Head, International Arbitration
+65 6232 0234
Brunei, Malaysia, Singapore, South Asia,

Country

EXPERTISE

SECTORS

Share

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Asia. All Rights Reserved. All trademarks are property of their respective owners.