For the 2016 edition of GC Powerlist we return to the original format of the report – launched in 2013 – focusing on senior general counsel (GCs). Over that time, the report has expanded hugely to become one of the most important strands of Legalease’s portfolio. Expanding the report also reflects the reality that in understanding GCs, you need to look at the specifics. While law firms operate on a few variants of the same model, in-house teams are defined much more by the industry and the individual company in which they work.
But there are broad trends as well. The upward march of the in-house profession that this report was originally launched to chronicle has, if anything, accelerated. While law firms are struggling for growth in many sectors, in-house teams continue to expand in the UK and take on greater swathes of work. It’s becoming increasingly mainstream to encounter teams with multimillion-pound budgets that put only a tiny minority of their work to law firms. Where they are instructing outside counsel, a good proportion of GCs now barely bother to conceal their tactic of pushing law firms down the value chain… and their teams correspondingly upwards.
RPC’s managing partner on how the modern GC made law a part of business (and vice versa).
It was late 2012 when RPC first became involved with Legal Business’ GC Powerlist. Back then, over four years after Lehman Brothers collapsed, the world economy was still looking parlous.
Another four years on and, although we’re now certainly on a firmer footing economically, there are still plenty of reasons to be fearful, or at least cautious, over what the future might hold for businesses: the slowdown in China; the collapse in the price of oil; stock market woes, here and in Asia; and uncertainty surrounding Britain’s possible exit from Europe, to name just a few.
Jonathan Watmough
Managing Partner
RPC
The Legal 500’s 2024 GC Powerlist: Thailand, the much-anticipated second edition, built on our wildly successful 2023 event to create an even more exclusive celebration of the top in-house legal counsel in the country. At a time when the Thai economy continues to grow, attracting new legal talent while established names add to their significant experience, we were delighted to welcome a star-studded list of guests to the Waldorf Astoria Bangkok’s spacious Camellia Ballroom.
Over 150 attendees were present, including general counsel from the country’s top companies and senior and managing partners from our four law firm sponsors: Chandler MHM, Herbert Smith Freehills, Kudun & Partners, and Tilleke & Gibbins. Also in attendance were a selection of our 2024 Rising Star In-house Counsel, chosen for their achievements at a relatively early stage in their careers, representatives from our event sponsor Robert Walters, and our guests of honor, including government officials.
After a welcome video from senior partners at Chandler MHM, Herbert Smith Freehills, Kudun & Partners, and Tilleke & Gibbins, we moved on to our keynote speeches. Wallaya Kaewrungruang, chief legal and compliance officer of SCBX, spoke about recent changes to the general counsel role in Thailand and touched on international considerations for the Thai business sector. Visitsak Arunsuratpakdee of True Corporation then took the stage to discuss the work that the Thai Corporate Counsel Association has done since its inception last year to bring the legal community together.
The award ceremony followed, with those fortunate enough to be included in the 2024 edition welcomed to the stage to receive their accolades. Inviting them were Dean Pareena Srivanit of the Faculty of Law at Chulalongkorn University and Dean Pokpong Srisanit of Thammasat University, who have known many of the awardees since the start of their careers.
The celebrations carried on long into the night, with new connections made and old friends reunited.
Thank you to Chandler MHM, Herbert Smith Freehills, Kudun & Partners, Tilleke & Gibbins, and Robert Walters for partnering with us on this project, and to the Thai CCA for their invaluable support. Most importantly, congratulations to everyone featured in the 2024 edition; your inclusion is entirely due to your hard work throughout your careers. We look forward to 2025, when we will strive to create an even more expansive representation of the top in-house lawyers in Thailand.
