ZICO Law: Highly Commended Law Firm by the Financial Times (FT) Asia-Pacific Innovative Lawyers Report 2016
We are pleased to announce that ZICO Law, the three times nominee and two times winner of the Financial Times (FT) Asia-Pacific Innovative Lawyers Award* was again lauded by the Financial Times (FT) Asia-Pacific Innovative Lawyers 2016 as a ‘Highly Commended’ law firm in the Business of Law – Asia-Pacific headquartered firms in addition to being ranked among the top 25 law firms for the FT 25 – Asia-Pacific headquartered firms, as published by the Financial Times, 3 June 2016.
FT Innovative Lawyers Awards was established a decade ago in 2006, to “uncover the real value that lawyers deliver to business” and reward innovative law firms and in-house counsels “consistently furthering the interests of their clients, their own firms and the profession itself”. As the premier ASEAN law firm and related services network with 15 offices in 8 countries, ZICO Law has won the FT Innovation in Corporate Strategy Award in 2014 and the Innovation in the Business of Law Award in 2015. This year’s competition attracted more than 460 submissions and nominations from 72 law firms and 82 in-house legal teams in the region.
Analysing how ‘Law firms use guile to defy obstacles’ in the business of Law, FT described how innovative ZICO Law strategy is “not only because ZICO has managed to simulate how an ABS works to enable its expansion, but also because, globally it is one of the first law firms to expand horizontally into the broader professional services market” (FT Report, Asia-Pacific Innovative Lawyers 2016, 3 June 2016).
“We’re extremely honoured to receive this recognition of our unique strategy of transforming the ZICO Law network these past years to be part of an integrated professional services provider throughout the ASEAN region. We take this opportunity to thank our team and clients for their trust and support in making this transformation possible.” – Chew Seng Kok, Chairman, ZICO Law
“We’re absolutely thrilled to be recognised for applying innovative thinking to create ‘real value’ for our clients.” – Hanim Hamzah, Regional Managing Partner, ZICO Law
*The FT Innovative Lawyers Awards covers the legal industry in Europe, the US and also Asia-Pacific (since 2014). By method, the FT Innovative Lawyers Awards survey how private legal practices innovate in delivering their legal services to the clients in two ways. It looks into the legal solutions that lawyers create in delivering transformational news to their clients, as well as in the business of running a law firm and delivering those legal solutions to clients. The rankings were assessed based on submissions received in addition to qualitative research done by RSG Consulting, a UK-based legal strategy consultancy that conducts ground-breaking investigations into the global legal industry.