OCTOBERASIA BUSINESS OUTLOOK19financial health, legal status, operational capabilities, and cultural compatibility. "Inadequate due diligence can lead to significant risks, such as overvaluation, hidden legal liabilities, or difficulties in post-merger integration," explains Jean. To mitigate these risks, Forte Law strongly encourages its clients to conduct comprehensive due diligence, engage experts in finance, law, and operations to uncover any potential issues. By thoroughly understanding the target company through diligent investigation, principals can avoid unpleasant surprises and are provided with adequate legal protections in its transactional documents, in turn increasing the likelihood of achieving the strategic benefits of the acquisition.Letting Clients Focus on their Core Process With technology enabling rapid changes in the way companies can do business, cross-border compliance issues are becoming more prevalent. The law partner has the responsibility to ensure that they allow their clients to focus on their business process without any stress about the compliance requirements. Forte Law does this perfectly. The firm taps on its close ties with established practitioners and law firms from across multiple jurisdictions to provide its clients with seamless and cost-effective solutions. "One recent cross-border transaction we worked on involved inward investment from the US into a Singapore entity. We worked closely with the client's US and Taiwanese counsels around the clock to navigate applicable compliance regulations for three jurisdictions and successfully concluded the deal" adds Jean. Into the Bright FutureAs Singapore's economy continues to show resilience, it's a sure bet that the demand for both in-house legal teams as well as outsourced legal services will continue to remain robust. However, this demand will likely be uneven across industries as countries, governments and companies grapple with disruptive threats and opportunities such as climate change and rapid technological advancements in generative artificial intelligence. In recent years, Forte Law has witnessed an uptick in clients from emerging fields seeking to establish themselves in and leverage Singapore's business-friendly ecosystem, and the firm is expecting this trend to continue. "Good work breeds more work. We rely on word of mouth to grow our business. As cross-border transactions grow, we evolve according to market conditions, with a more diversified client portfolio from different industries and geographies. The practice of law is our Forte. We will continue to focus on excellence--to serve our clients with high-quality legal work at affordable pricing. We seek to attract and retain top legal talent passionate about law practice while keeping abreast with legal updates," Jean concludes. Jean Foo, Managing Director, Forte LawJean brings in a broad range of legal expertise, alongside her experience of working in a big four Singapore firm, where she was actively involved in the initial public offering (IPO) of real estate investment trusts (REITs) and business trusts which involved multiple acquisitions, as well as secondary offerings on the mainboard of Singapore Exchange Securities Trading Limited (SGX). Jean was also previously in a dynamic capital markets team in a Wall Street Law firm for a couple of years before she set up Forte Law LLC and Fortecorp Services Pte. Ltd, which assists with the incorporation of companies in Singapore.Forte Law's team with American investor Jim Rogers(Forte's Anniversary celebration, Fullerton Hotel, Singapore)
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