Baker McKenzie has been recognized as one of the leading innovative law firms in Asia Pacific, as ranked in the 2016 Financial Times Asia Pacific Innovative Lawyers Report. The Firm received a "Standout" rating and won the "Innovation in Business of Law" Award for the establishment of Baker McKenzie FenXun (FTZ) Joint Operation Office, the first Joint Operation between an international and a Chinese law firm in the Shanghai Free Trade Zone and also in China.
The Joint Operation recently celebrated its one-year anniversary with a celebratory symposium to which government representatives, members and friends of the firms, as well as client representatives attended the event.
The Firm was also recognized for its advisory role to Mizuho Bank on its first Thai Baht-dominated bond issuance under the ASEAN+3 multi-currency bond issuance framework, which paved the way for streamlining cross-border financing in the region. The Baker McKenzie team was led by Partner Viroj Piyawattanametha and supported by Kowit Adireksombat, Natcha Sihanatkathakul and Cheewin Chiangkan.
Commenting on the awards, Bruce Hambrett, Baker McKenzie's Asia Pacific Regional Chairman said, "Our Firm has had a matchless history of innovation, since its inception as the first global law firm in 1949. We were the first to operate in the Asia Pacific region, more than five decades ago. We strive to be ahead of the curve in terms of market developments and meeting clients' expectations. We would like to thank the Financial Times for this recognition and also our clients for their continued support."