In 2009, Brazil successfully bid to be the first South American country to host the summer Olympics. The world was optimistic about the emerging economy’s capacity to address the challenges of violent crime, urban pollution and lacklustre facilities. However, since coverage of the 2014 World Cup highlighted a faltering economy with crumbling infrastructure, there are doubts about the country’s ability to monopolise on the mega-event. The World Cup failed to deliver on the promise of increasing the nation’s visibility to investors and tourism; there is now little optimism that the 2016 Olympics in Rio will have a more profound effect.
We are pleased to present the second edition of Who’s Who Legal: Japan, a comprehensive guide to the country’s legal market, featuring 355 listings from 93 law firms. Seven firms are singled out for their excellent performances in our research. Anderson Mori & Tomotsune claims top spot, with Nagashima Ohno & Tsunematsu and Nishimura & Asahi following closely behind. All three firms excel in corporate and competition law advice in particular. Mori Hamada & Matsumoto has become one of the largest full-service firms in recent times and performs well in banking and finance. Meanwhile, TMI Associates shines in patent and trademark law. Morrison & Foerster and Baker & McKenzie are the standard-bearers of excellence for foreign law firms in Japan.
By Timothy Jenkins Last year the Japanese economy unexpectedly fell into recession two years into the Abe administration’s reformist economic model, commonly referred to as “Abenomics”. The country’s prime minister hopes that a mixture of fiscal stimuli, monetary easing and structural reforms will incentivise the market. However, a lack of confidence has curtailed investment from Japan’s corporate sector and inhibited growth. The country’s performance in 2015 is widely seen as a critical year for the government and for the long-term economic future of the country.
Leading energy practitioner Michael Arruda has joined Baker Botts in Hong Kong with a team of two. He arrives from Jones Day.
Tobias Bosch has joined the TMT practice of leading European law firm Noerr. He arrives from K&L Gates in Berlin with a team of two.
We are delighted to introduce the seventh edition of Who's Who Legal: Nigeria, a comprehensive guide to the country’s legal market, featuring 237 listings from 76 law firms. We have singled out five firms for standout performances at both an international and a local level. Udo Udoma & Belo-Osagie garners the highest number of listings, with its strengths lying in M&A, project finance and energy. Aluko & Oyebode and Aélex are also recognised as the very best firms in the country, with an unrivalled depth of expertise across the business marketplace. Olaniwun Ajayi and Banwo & Ighodalo are seen to be among the top firms in the corporate and finance markets, with each boasting a number of the country’s most distinguished dealmakers.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.