In the first of a new series identifying the movers and shakers that are making waves in legal markets around the region, Putro Harnowo looks at the outstanding work of Thai law firms on the rise

Thailand is a vibrant legal market thanks to the country’s economy, the second-largest in Southeast Asia and a significant player in the region’s cross-border supply chain. It is a busy and competitive legal market with a healthy mix of established local firms, leading global names and up-and-coming ones that are challenging the status quo.

Asia Business Law Journal’s inaugural Rising Stars series turns to Thailand’s legal market to shine a light on the challenger firms that are carving out a name for themselves.

In this time of uncertainty following the covid-19 pandemic, and as international markets remain highly volatile, Thailand has been a relatively bright spot. The first quarter of the year was busy with a few notable IPOs and M&A deals, and the firms in our list of Rising Stars have been playing an increasingly important role in these deals.

However, not all of our rising stars are new or boutique firms. Some of them have proven their prowess and have been around for decades, but are still making a mark with their innovative spirit. Others have either built a reputation in their specialty areas or have cemented their place with high-quality legal counsel and teams of experienced lawyers.

Encompassing all of this talent, Asia Business Law Journal presents “Rising Stars: Thailand” to honour the country’s law firms that are on their way to becoming undisputed market leaders.

WHAT IS A RISING STAR FIRM?

While the Rising Stars are of varying vintage and size, the common denominator is they are all on an upward trajectory. This could be because they are widening their areas of key expertise, or due to a recent reorientation of the firm’s strategy, or because the firm is reaping the rewards of its hard work. Law firms typically have at their helms, or within their ranks, lawyers who can draw in the clients, and it is no different in Thailand. All of our Rising Star firms also have strong leaders who have made a name for themselves while building formidable firms.

LAW FIRM MANAGING PARTNER/NOTABLE LAWYERS
Ananda Intellectual Property Franck Fougere
Apisith & Alliance Apisith John Sutham
The Capital Law Office Chatri Trakulmanenate, Pakdee Paknara
Charin & Associates Charin Satchayan
Dherakupt International Law Office Anuphan Kinitchiva
ES Counsel Ekawat Piriyawarasakul
Frank Legal & Tax Fabian Doppler
Herrera and Partners Jose Herrera
International Legal Counsellors Thailand (ILCT) Jayavadh Bunnag
Kudun & Partners Kudun Sukhumananda
LawPlus Kowit Somwaiya
Pisut & Partners Pisut Rakwong
Satyapon & Partners Satyapon Sachdecha
Silk Legal Jason Corbett
Thanathip & Partners Thanathip Pichedvanichok

Note: Firms are listed alphabetically and not in rank order

STOCK SAVIOURS

Founded in 2013 by a legal team with more than 20 years’ experience, The Capital Law Office focuses on capital markets, corporate and M&A, and corporate governance within Thailand and Southeast Asia. Earlier this year, the five-partner firm made a breakthrough by advising Thailand’s largest retailer, Central Retail Corporation (CRC), in the country’s largest IPO to date with THB78.1 billion (US$2.52 billion).

“The Capital Law Office should be a rising star in respect of capital market fields, [with the firm’s] recent IPO for Central Group,” says Passawan Navanithikul, partner at Weerawong, Chinnavat & Partners. Central Group is one of Thailand’s major conglomerates and CRC is a subsidiary.

“The Capital Law Office, and Kudun & Partners, have quite strong teams of lawyers and good Thai clientele,” says Jessada Sawatdipong, co-managing partner at Chandler MHM in Bangkok.

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