With legality being a crucial and complex aspect for any organization, the role of law firms is also transforming from mere service vendors to the formulator of winning strategies. However, finding the right legal consultancy is a daunting task as there are numerous legal consultancies and only a few can actualize your requirements, by getting involved with heart and soul. In our quest of finding such trustworthy service providers, we encountered Meritus Law as a comprehensive and flourishing Legal Consulting firm in Singapore.
Speaking about the industry trends, the Director, Jaime Lye briefs, “The corporate legal services industry in Asia has seen significant growth in recent years, particularly in the aftermath of the COVID-19 pandemic. One of the major trends in the region has been the increase in the setting up of home offices in countries with a stable political and social climate. This has resulted in a growing demand for legal advice on building the necessary infrastructure for these businesses.
As a result of the pandemic, many companies have had to shift their operations online and embrace remote work, which has resulted in a rise in the number of disputes over online contracts, e-commerce transactions, and intellectual property. Has also given rise to new legal challenges, such as data privacy and cybersecurity, which have become major concerns for businesses operating in the region. Moreover, the industry is expected to continue to grow in the coming years, as businesses seek legal advice to navigate the complex legal landscape and ensure the success of their operations in the region.”
The Bright Side
Meritus Law is a Singapore-based boutique dispute resolution law firm that has hit the ground running since its inception in October 2022. The firm offers a wide range of legal services in corporate and commercial dispute resolution, international and domestic arbitration, infrastructure and construction, and workplace safety and regulatory offenses. Jaime says, “Our litigation experience puts us in a good position to deal with the difficulties faced by clients in the current climate.
We can anticipate and pre-empt common pitfalls in the deal-making process and can advise clients accordingly. If the client is already facing litigation before coming to us, or if commencing legal proceedings is inevitable, we are well equipped to prosecute or defend the claim.”At Meritus Law, the client’s interest is always put first. The team follows a client-centric approach that is both legally sound and commercially sensible, which has been well-received by clients.
The team takes the time to understand the business processes and specific requirements of the client before providing its views and recommendations. They strongly believe that effective communication with key stakeholders is also crucial to understanding the client’s underlying interests.
The team at Meritus Law is led by experienced litigators, Alfred Lim and Jaime Lye, who have a wealth of experience in handling complex commercial disputes. The team, also consisting of Kenji Ong and Sean Choong, was formerly from Fullerton Law Chambers, a Singapore boutique dispute resolution firm that was co-founded by Alfred Lim. Meritus Law subsequently added to its team a senior member of the Bar, Rajaram Ramiah, as Consultant. The strong litigation background of the team puts them in a good position to offer advisory services such as drafting and reviewing commercial contracts, and general advisory and investigative work.
Addressing the Pain Points
Asset recovery is a significant challenge for clients involved in commercial litigation in the corporate legal services industry. “At our firm, we understand the importance of protecting our client's interests and have developed a comprehensive approach to address this pain point. From the beginning, we work closely with our clients to advise and guide them on how to minimize their exposure in commercial transactions. This proactive approach aids to reduce the likelihood of disputes and ensures that our clients are in the best possible position should litigation arise.
Meritus Law is a conflict-free dispute resolution law firm with a multi-disciplinary practice supported by a team of experienced and dedicated lawyers
In the event that a commercial dispute does arise, we employ effective litigation strategies to protect our client's assets and interests. Our team of experienced lawyers has extensive knowledge and expertise in the field, and we work tirelessly to find the best possible outcome for our clients. Moreover, we also provide investigative services to assist in the asset recovery process. Our goal is to help our clients regain control of their assets as quickly and efficiently as possible. Our thorough and meticulous approach, combined with our commitment to delivering outstanding results, makes us a trusted and reliable partner for clients facing asset recovery challenges”, Jaime shared.
Meritus is dedicated to providing high-quality services to its clients. The company takes the time to understand the client's business and underlying interests and works closely with the in-house legal team or end client to obtain all relevant information and documents. It values effective communication with the key stakeholders in the business and builds a relationship with the client from the outset to gain trust. By taking this approach, Meritus is able to deliver a customized solution that meets the client's specific needs and achieves their goals.
Embracing effective strategies, since its inception, the firm has seen steady growth in terms of client acquisition. The organization is currently working on expanding its team by adding corporate partners and other fee earners in the near future. The goal is to strengthen its ability to offer a larger suite of corporate legal services to clients. “Our client-centric approach goes beyond the extra mile. We always seek to understand, and then be understood. While the team is currently lean, we certainly punch above our weight”, Jaime signs off.
Jaime Lye, Director, Meritus Law
Jaime Lye is a Director at Meritus Law, specializing in commercial litigation, arbitration, and dispute resolution. With extensive experience in Singapore's legal system, Jaime has assisted in litigation at all levels of the courts and has worked on a diverse range of contentious matters, including breaches of directors' duties, shareholder disputes, tenancy disputes, employment disputes, management corporation disputes, insolvency, and contentious probate proceedings. Additionally, she has represented clients in matrimonial disputes in the Family Justice Courts of Singapore.