The Communiqué Volume 1 | Page 9

NOTES FROM THE OTHER SIDE ANTHONY AZAD TAN I’m entering my 4th year as an in-house counsel. This means I would soon have spent as much time working in the legal department of a corporation as I have in a law firm. It also probably means I would be having my career mid-life crisis soon. So it must be timely to share what I’ve learned through transitioning between the two worlds. These tips might be of use to law school graduates considering a role as a corporate legal officer or practicing lawyers thinking of going in-house. Take ownership of the outcome. • • • • • Anthony Azad Tan is the youngest lawyer recommended in the Asia Pacific Legal 500 (2012). He credits his first employment 7 years ago at the KL-based corporate law firm Azmi & Associates for its trust towards young lawyers, which allowed Anthony to be involved in exciting deals since pupillage. These include drafting regulations for Bursa Suq as- Sila’, launched by Bursa Malaysia in 2009 as the world’s first commodity trading platform for Islamic financing; internal corporate restructuring of FELDA Global Ventures Holdings Berhad leading to the world’s 2nd largest IPO (after Facebook’s) in 2012; and private equity firm KKR’s USD200 million 2013 investment in Asia’s largest offshore helicopter services provider. He left the law firm in 2014 and a weekend later found himself the youngest Vice President in Themed Attractions Resorts & Hotels Sdn Bhd, which is Khazanah Nasional Berhad’s investment arm in the hotel, resort, golf and theme park industries. He is also a corporate mentor in the company’s formal employee development programme. Like law firms, most legal departments are not the decision-maker in deals. Thus, both practicing lawyers and in-house counsel are susceptible to taking a backseat after having dispensed legal services. In the case of external counsel, such tendency is perhaps born of a healthy respect for the client’s prerogative and an astute mindfulness about liability of taking on matters outside of scope. However, unlike a law firm, a legal department is more likely to be intimately involved in every step of a deal (sometimes, cost considerations cause corporations to limit the scope of external counsel so they would be involved only intermittently throughout a deal). So, there is less excuse for in-house counsel to disclaim responsibility for outcome of matters which came within their purview. Their duty d