PwC has projected that Singapore’s sustainability legal services market is set to triple in value by 2033. However, the current landscape reveals that Singapore’s legal market is not entirely prepared to meet this growth. A significant challenge identified is the potential skills gap in sustainability-related technical knowledge within the legal sector. The increasing demand underscores a need for law firms and in-house legal teams to enhance their expertise in environmental, social, and governance (ESG) matters. For further insights and detailed projections, please see the full article here.
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