The Firm has been named for the fourth consecutive year as one of Singapore’s best law firms to work for, testimony to its people-centric approach to nurturing talent.International law firm RHTLaw Taylor Wessing has once again been recognised as one of Singapore’s best law firms to work for. The Firm has been named Employer of Choice by Asian Legal Business (ALB), a leading legal industry publication, in its April 2017 issue.This is the fourth consecutive year that RHTLaw Taylor Wessing has emerged as the Employer of Choice among local and foreign law firms in Singapore. This is an encouraging outcome for the Firm, who had just celebrated its fifth anniversary last year, as it represents a vote of confidence in the Firm’s people-centric approach to human resource development.Commenting on its latest ranking, RHTLaw Taylor Wessing’s Deputy Managing Partner Azman Jaafar said, “It is our belief that attracting and retaining talents is paramount to an organisation’s success. Our people are the ones who drive success. Without the right people in place, we would not have been able to achieve all that we have for the past five years. I will like to thank our Partners, lawyers and staff for all their contribution and good work.”“This ranking is a testament of not only the Firm’s commitment to continually invest in our people and create a nurturing environment for them to excel and reach full potential; but also our people’s dedication to their good work. Regular training and development courses are conducted to ensure our lawyers are kept abreast of the latest changes in the law and industry. We are grooming them to become industry experts, developing useful skills in them that will stay throughout their career. Our Partners also see it as their responsibility to guide and impart their expertise downwards, as we recognise this is key to sustaining the flow of knowledge from one generation to the next,” he added.He added, “Our lawyers and staff are also receiving training in leadership and management throughout the year as part of their self-development. This is an important component of our Firm’s human resource strategy. Investing in our people will bring out the best in them.”The ALB Employer of Choice Rankings were compiled taking into account results of an Asia-wide survey of more than 3,500 private practice lawyers as well as ALB’s own market knowledge. These law firms were assessed on the basis of job satisfaction, remuneration, work-life balance, career prospects, mentorship and job security to determine the best law firms to work for in each jurisdiction.RHTLaw Taylor Wessing's latest ranking comes just after it was ranked the sixth largest law firm in Singapore by headcount, in a survey by the Singapore Business Review publication.The Firm's position by headcount remains unchanged from a year ago, based on the publication’s annual listing of Singapore’s 25 largest law firms.
RHTLaw Taylor Wessing Head of Litigation and Dispute Resolution Practice Roderick Martin, SC was featured in The Edge Singapore article titled “Singapore responds as financial crime evolve”.The article discussed how financial crimes have evolved over the years, including a new generation of white-collar criminals and greater sums of money involved. It questioned whether Singapore built herself into an international financial centre for a cess pool for financial crime.Mr Martin noted the scope of what constitutes as wrongdoing has expanded over the years. “Now, we have the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the Securities and Futures Act, the Companies Act, et cetera, that have outlawed many forms of financial malpractice,” he said.Furthermore, as the business landscape evolved, so have the laws been constantly updated. Mr Martin added, “What all this shows is that the authorities are alive to the many and varied challenges posed by developments in the marketplace if and when they take place. It is therefore unfair to say that more can be done to combat financial malpractice. In fact, much has been done.”As financial crimes evolve, it becomes increasingly difficult for authorities to predict where abuses of the law may happen. “Nobody has a crystal ball. It is therefore inevitable that the authorities will by and large be a step behind,” he said.The full article, “Singapore responds as financial crime evolve,” can be found in The Edge Singapore, 13 March 2017.