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Singapore's legal market thrives, driven by its strong economy and status as a major financial hub. Key figures include over 8,000 legal professionals, including 5,000 registered lawyers, offering diverse legal services.
Government procurement for legal services in Singapore is significant, exceeding $200 million annually. Transparency and competition are ensured through the Government Procurement Act. Singapore government legal procurement
The Singapore government actively procures various legal products and services, including:
Litigation: Representation in courts and arbitration for commercial disputes, regulatory matters, and government contracts.
Corporate & Commercial: Legal support for mergers and acquisitions, joint ventures, corporate governance, and regulatory compliance.
Financial Services: Advising on banking and finance regulations, capital markets transactions, and fintech initiatives.
Intellectual Property: Expertise in patents, trademarks, copyrights, and trade secrets registration and protection.
Real Estate: Assistance with property transactions, land use planning, and construction projects.
Key authorities overseeing legal procurement in Singapore include:
Ministry of Finance (MOF): Manages public procurement processes and sets procurement policies.
Central Procurement Office (CPO): Oversees government procurement and provides support to agencies.
Singapore Legal Service (SLS): Provides legal services to the government and advises on legal matters.
Leading service providers vary depending on project needs, but some prominent firms include:
WongPartnership: Leading Singapore law firm, expertise in corporate and commercial law, dispute resolution, and capital markets.
Rajah & Tann: Renowned regional firm, strong in corporate and commercial law, banking and finance, and intellectual property.
Allen & Gledhill: Global law firm, known for corporate and commercial law, mergers and acquisitions, and real estate.
DLA Piper: International firm, expertise in corporate and commercial law, litigation and arbitration, and intellectual property.
Dentons: Global presence, strong in corporate law, dispute resolution, and infrastructure projects.
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