Law Firms in Malaysia Face Tight Cashflow and May Downsize

Law firms in Malaysia are facing challenging times. Based on the recently released Bar Council survey results on 5 June 2020 (report available from the Malaysian Bar website to members only), almost half of the law firms replied that they would be downsizing, closing their law practice or ceasing practice. Close to 60% of the law firms responded that they were not intending to hire due to financial issues from the movement control / COVID-19.

I highlight the key points from the Bar Council survey from the perspective of hiring trends moving ahead.
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