Walker Clark
Worldview Archives
Southeast Asia Watch List for 2026
Law firms in mainland Southeast Asia and the broader ASEAN region will navigate 2026 in the shadow of intensifying great‑power competition, new trade and investment regimes, and accelerating digital and climate transitions.
Five developments stand out as especially important for firms in Vietnam, Cambodia, Thailand, Laos, Indonesia, Singapore, Malaysia, and Myanmar that want to move ahead of, rather than merely react to, these shifts.
Five Asian Legal Markets to Watch: Vietnam
Vietnam will experience substantial growth in its economy and legal market in the next five years. In our view, it already is a "must be there" location for any international firm that is seriously interested in developing a Southeast Asian practice, especially law firms based in other parts of the Asia-Pacific region.
We also expect that a group of well-regarded independent Vietnamese law firms can continue to compete effectively against the local offices of foreign law firms.
This is the second of our series of briefings on high-potential legal markets in Asia for the next five years.
Five Asia-Pacific Legal Markets to Watch in the Next Five Years
This is the first of a series of six posts that will be published over the next three months and that will report our firm's analysis and forecasts for five Asia-Pacific legal markets that we believe will offer the greatest growth in the demand for legal services from international law firms and well-established national and local firms.