The launch is, of course, a time to celebrate the great achievements of our colleagues. In some respects, it also marks the start of the next research cycle (to anyone who joined my webinar on elevating submissions through analysis, your analysis time starts here!).

This year’s launch also gave us some fascinating insights into what general counsel are looking for and how current trends are shaping clients’ needs when it comes to external legal providers. As part of the launch event, Chambers Asia-Pacific Research Director Sarah Kogan spoke to Kenji Tagaya, Head of Legal and Secretariat Division at Jera, and Rishi Gautam, Global General Counsel at Tata Consumer Products.

Here are the key takeaways from their conversations, as well as some facts about the 2026 guide and the forthcoming 2027 research.

• The expectations on GCs have changed.
  Both Mr Tagaya and Mr Gautam noted how GCs are no longer supporting players who simply think about business risks and compliance. Now, they have to think about how to be business-enablers and strategic partners to business as well – or “finding ways to say yes in a responsible manner,” as Mr Gautam put it.

• GCs’ expectations of external counsel are changing.
  As GCs are expected to now be strategic partners, so too are external counsel expected to be strategic advisors. Mr Tagaya noted how law firms need to be able to be sounding boards and providers of high-level strategic advice. Mr Gautam emphasised the need for tailored solutions that work not only for the client but also for other parties involved in the matter.
  
  For example, in an M&A, Mr Gautam said how successfully completing the acquisition is only half the battle; the other, equally critical part is successfully integrating the target and its people.

• GCs are looking for solutions in what are challenging regulatory environments.
  Both Mr Tagaya and Mr Gautam referenced the regulatory changes and unforeseen events that have occurred in the last few years – things like tariffs and sanctions and policy changes in light of concerns over energy security.
  
  For Mr Tagaya, he wants external counsel to be capable of keeping up with the pace of change, especially when there are time pressures and not a single solution to the problem. Straightforward legal interpretation alone is not enough, in his view. For Mr Gautam, he views external counsel as a thought leader or steward for explaining ever-evolving, complex regulatory mandates to business.

• AI is changing the market…
  Both GCs have been seeing increased use of AI when it comes to legal advice. The technology is being used for things like online searches and legal research, simple answers, basic drafting, and document review.

• …but GCs are still conscious of the power of old-style legal consultations.
  While Mr Gautam acknowledges the efficiencies and cost/time savings that AI, can bring (and expects these efficiencies to be passed on to the client), he remains cautious, noting that the technology is still at an early stage and prone to mistakes.
  
  “We wouldn’t want [hallucination] to happen with us at any cost,” he said. “Credibility of the legal advice and credibility of the work product is a no-compromise for us.”
  
  For both him and Mr Tagaya, human interaction remains key. Mr Gautam is looking for assurances from legal providers that when AI is involved, external counsel will ensure that confidential material remains confidential and any AI output is checked and verified by a human. Mr Tagaya asserts that truly strategic advice can only be gained from interacting with external legal counsel.

• A strong existing relationship can be an initial advantage.
  When it comes to selecting external counsel to provide consultations and assist with complex situations, there was a clear preference for already trusted firms – even over brand names.
  
  Both GCs noted that an existing relationship enables nimble responses, as clients don’t need to spend time teaching external counsel about their business. And counsel without that background can often be of limited use in business procedures that require a patient and nuanced understanding of various aspects: cultural, administrative, financial, etc.
  
  Mr Tagaya and Mr Gautam also spoke about the trust and understanding of clients’ ways of working that can be built up through multiple interactions, which can give a client confidence in exceptional and challenging situations.

• GCs are concerned about the evolving business environment.
  With an array of external (and often unanticipated and unbudgeted-for) factors impacting clients’ day-to-day working – such as regulatory challenges, evolving customer demands, and various different but important stakeholders to satisfy – it is likely that there is no one single solution for the issues businesses face. Instead, in-house counsel want to see an honest effort and a certain degree of nimbleness to be able to work around the emerging situations that happen.

On Chambers Asia-Pacific research

• Chambers reiterated the importance of client opinions, calling them “central to our research methodology” and emphasising that Research seeks to understand the market by learning what clients consider key priorities when instructing outside counsel.
• Chambers utilises similar criteria when ranking lawyers and seeks to highlight where they have demonstrated excellence in their expertise, recent work, and client service.

Chambers will be sharing later a further document with greater details regarding the Research team’s insights regarding market trends, as well as more information on how the guide has been updated in this new release.

Asia-Pacific 2026 research stats

The 2026 guide consists of 3,993 department rankings and 7,173 lawyer rankings (of which 438 are Up-and-coming Individuals or Associates to Watch). Research received over 5,300 submissions and conducted over 22,000 surveys and over 5,000 telephone interviews.

The submissions and research enabled an updated set of rankings to be produced and the introduction of new market coverage. Specifically, Chambers introduced new tables for:

• Asia-Pacific Region, International Arbitration – The Bar 
• Australia, Media & Defamation: The Bar
• Japan, Shipping
• Indonesia, Startups & Emerging Companies

Asia-Pacific 2027

Research for Asia-Pacific runs from  February  to  August, and submissions for the 2027 Asia-Pacific Guide are open. The next deadline is 21 January 2026.

You can view the full schedule  here.

Please note that the referee limit for Chambers Asia-Pacific is 30 per practice area.

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Key Developments Across the Region

The 2025 Guide sheds light on emerging trends and critical updates shaping the South and Southeast Asian legal markets. Below is a summary of notable advancements in various jurisdictions:

India: Driving Innovation in Tech, Media, and Capital Markets

India’s legal market continues to reflect the country’s growing global stature. Significant trends include:

• Digital Transformation:

The Digital Personal Data Protection Act (DPDP) 2023 has introduced new compliance challenges for businesses, with law firms advising major tech companies like Amazon and Google. The Unified Payments Interface (UPI) has also driven legal work, particularly in fintech innovations such as speech-to-text AI and third-party payment systems.

• Media & Entertainment Sector Growth:

The increasing regulation of OTT platforms, high-profile defamation cases, and generative AI’s influence on media are fueling demand for legal expertise. Cases such as *The Kerala Story* and celebrity endorsement disputes have been pivotal. Chambers has responded by introducing a dedicated Media & Entertainment table.

• Capital Markets Rebound:

Despite global economic challenges, India’s IPO activity remains robust, exemplified by Ola Electric’s landmark listing. The Social Stock Exchange has also emerged as a groundbreaking platform, enabling non-profits to list and access capital markets.

• Indonesia: Emerging Fintech Hub

Indonesia’s fintech sector is experiencing rapid growth, driven by widespread digital payment adoption and evolving regulatory frameworks. Legal firms are increasingly focused on navigating cryptocurrency regulations, solidifying Indonesia’s position as a critical fintech market.

• Malaysia: Cybersecurity Takes Center Stage

Malaysia’s legislative advancements in technology law, highlighted by the Cybersecurity Bill 2024, signify a commitment to secure digital transformation. The establishment of the Cybersecurity Centre of Excellence in Kuala Lumpur further cements its role in fostering technological progress.

• Singapore: Leadership in AI Governance

Singapore is leading the way in AI governance, having unveiled a draft framework for generative AI. Legal practitioners are addressing challenges posed by AI disruption across industries and advising on significant investments in AI startups.

Capital Markets Across APAC: A Mixed Outlook

• Australia:

Capital markets have been subdued, influenced by inflation and geopolitical tensions. However, an optimistic forecast for 2024 suggests potential growth in equity markets.

• Hong Kong:

While the region continues to face a third consecutive year of decline, privatization deals are on the rise. New regulations targeting startups and tech companies hint at a potential recovery.

• Japan:

Low interest rates and active private equity markets have spurred significant M&A activity, including Toshiba’s $13.5 billion take-private deal.

Mergers and Acquisitions: Resilience Amid Challenges

Southeast Asia is witnessing a resurgence in M&A activity despite global economic headwinds. Singapore leads the region in deal volume, while Japan is experiencing an increase in unsolicited takeover bids, driven by recent regulatory changes. In India, domestic M&A remains strong, with Reliance’s $8.5 billion joint venture with Disney being a standout transaction.

Diversity, Equality, and Inclusion (DEI) in the Legal Market

Diversity remains a focal point, with women comprising 23.5% of ranked lawyers in the 2025 guide. While smaller markets like Laos and Sri Lanka lead in gender representation, larger jurisdictions such as Japan and South Korea still have room for progress.

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