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Asia Business Law Journal names the country’s top law firms. Byung Jin Park reports

Foreign investment in Thailand is increasing, driving demand for skilled law firms in the country.

According to the Department of Business Development, foreign investment reached a five-year high of THB324.1 billion (USD10.4 billion) last year, with Singapore and Japan topping the list of investors.

Hailed as a “golden year”, this development is partly attributable to the cabinet’s decision, in April 2025, to amend the Foreign Business Act (FBA), which regulates business operations and ownership by foreign individuals and entities.

Although many adjustments likely remain at the proposal and drafting stages, the market is viewing Thailand as shifting the FBA away from a protectionist model towards focusing on attracting investment and supporting economic competitiveness.

The role of Thai law firms is expected to increase as well, as inbound investors rely on legal expertise to enter, operate in, and manage risk within the Thai market.

On the macroeconomic front, Thailand’s exports rose 12.9% in 2025 to a record USD339.6 billion. The Office of Trade Policy and Strategy (TPSO), Ministry of Commerce stated that this growth “was driven mainly by electronics and electrical appliances, reflecting global technology upgrades and increased demand for artificial intelligence (AI)”.

In 2026, the TPSO expects “continued demand for technology and AI-related products, food security needs, growth in emerging markets, and new free-trade agreements are expected to support exports”.

However, headwinds remain, including uncertainty surrounding US tariffs, rising geopolitical tensions and the appreciation of the Thai baht.

Thailand’s law firms can expect to play an active role in assisting local businesses navigate and mitigate these challenges. Amid this increased role of law firms, Asia Business Law Journal proudly presents the Thailand Law Firm Awards 2026, recognising the country’s best in the past 12 months.

We identified four law firms proven to be the best of the best, and among them one firm has risen to the top, as Law Firm of the Year. We also recognised the Best Boutique Law Firm, a new category of law firm to watch, and four winners in 31 other categories, each of equal standing.

Law firm awards

LAW FIRM OF THE YEAR

BAKER MCKENZIE

Baker McKenzie has been a legal powerhouse in Thailand for more than four decades, advising a broad client base including local conglomerates, multinational corporations, global investors and government agencies.

The firm’s corporate/M&A team is widely recognised for advising on complex domestic and cross-border M&A transactions. One recent example of this was the successful sale of the insurance business of Liberty Mutual Insurance in Thailand to Chubb, one of the world’s largest publicly traded property and casualty insurers.

Announced in March 2025, the transaction closed simultaneously in Bangkok and the US state of Delaware, reflecting the international law firm’s experience in co-ordinating complex cross-border matters across multiple jurisdictions.

Baker McKenzie also successfully advised Hong Kong-headquartered Affinity Equity Partners with the acquisition of Golden Fresh Group, a Thailand-based seafood producer. The company operates across multiple jurisdictions, and yet legal due diligence covering nine countries was conducted in less than three weeks, with the Baker team co-ordinating the process smoothly across the relevant markets.

The firm’s equity capital markets team also handled some notable transactions in the past 12 months, including advising ThaiNamthip Corporation, a key franchise partner of the Coca-Cola Company in Thailand, on its IPO on the Stock Exchange of Thailand.

The team also advised on Thai law aspects of the cross-border IPO of pan-Asian life insurer FWD Group on the Hong Kong Stock Exchange, where the company began trading in July 2025. The company raised USD442 million in its IPO.

Siriporn Pinijmongkol, general counsel at Generali Thailand, the Thai subsidiary of Italy-based insurer Assicurazioni Generali, speaks highly of the firm’s services on corporate matters: “Their team demonstrates a solid understanding of insurance-related legal matters, communicates clearly, and responds promptly. Their ability to manage complex issues while meeting deadlines has been particularly valuable.”

Law firm awards

BEST OVERALL LAW FIRMS

Chandler Mori Hamada maintains an experienced project, energy and infrastructure practice, advising both lenders and sponsors on major energy and infrastructure projects.

The firm is currently acting for a group of lenders in connection with the financing of a 770MW run-of-river hydroelectric power plant on the Mekong River in Pak Lay, Laos. The transaction involves complex multi-jurisdictional financing and requires consideration of the laws of Thailand, England, Laos, China and Singapore.

The project is subject to environmental and social governance (ESG) considerations including procedural requirements of the Mekong River Commission. The development is also being monitored by local and international NGOs. Chandler Mori Hamada is participating in this project as co-lead counsel on the financing.

The firm has also established a tax practice in the country, with the addition of senior partner Piphob Veraphong, partner Rachanee Prasongprasit, and associate Theeravuth Temsiriwattanakul in August 2025. Co-managing partner V? Joseph Tisuthiwongse says having a tax practice is critical to ensuring the firm provides a comprehensive offering to clients.

The firm’s tax team, led by Piphob, is now offering advice on international tax planning, corporate restructuring, excise tax and customs duty, tax disputes/appeals, and complex and unique tax issues affecting upstream oil and gas businesses.

In the restructuring/insolvency sector, Kudun and Partners spent a busy year with the Central Bankruptcy Court approving the exit of Thai Airways International from its business rehabilitation plan, in June 2025. The airline filed for business rehabilitation in 2020, amid the covid-19 pandemic.

The firm has acted as legal adviser to the official creditors’ committee since mid-2021, representing its interests throughout the rehabilitation proceedings and continuing to advise on post-rehabilitation implementation and outstanding debt matters of the airline. Thai Airways has reported net operating profits since 2023, and returned to its standard corporate governance structure upon the court’s decision.

In the past 12 months, Kudun has also expanded its international footprint by forming partnerships and collaborative arrangements with established law firms in other jurisdictions. With legal work for cross-border transactions between South Korea and Thailand growing, the firm entered a strategic alliance with South Korean law firm Jipyong in May 2025.

Japan’s Miura & Partners also established a strategic alliance with Kudun and Partners in October 2025, with the firms providing enhanced legal services in key fields such as capital markets, M&A, and customs and international trade.

Highlighting the firm’s cross-border capabilities, a senior private practice lawyer from a Singapore law firm says: “Kudun and Partners has sound legal knowledge, yet is very commercial in assisting our clients to complete their transactions. They are also very client-centric and prompt in addressing clients’ needs.”

Since Thailand’s Personal Data Protection Act (PDPA) came into force in June 2022, as a significant development in the country’s regulatory landscape, Tilleke & Gibbins has advised both domestic and multinational clients on data protection and cybersecurity matters.

As implementing regulations continue, the firm advises clients including Blackmores, Gilead, LINE, LVMH and Meta on PDPA compliance and related issues.

Tilleke & Gibbins also acts as local representative in Thailand for a number of global tech companies including Meta, Google, LINE Plus and Tinder, in connection with compliance obligations under Thailand’s Royal Decree on the Operation of Digital Platform Service Businesses. The decree requires both domestic and foreign digital platform operators to submit specified information to the Electronic Transactions Development Agency.

In the area of IP prosecution, Tilleke & Gibbins has been engaged by a South Korean food and biotechnology manufacturing company to assist in protecting its inventions across Cambodia, Indonesia, Laos, Myanmar, Vietnam and Thailand.

The firm’s work includes managing the company’s patent portfolio, including the prosecution of about 70 invention patent applications. Its mandate also covers responding to and appealing office actions, handling renewals, recordal of changes, assignments and licensing matters, as well as advising on opposition, cancellation and invalidation proceedings. In addition, the firm assists with potential patent enforcement actions and related litigation against alleged infringers.

Law firm awards

BEST BOUTIQUE LAW FIRM

In the past year, Silk Legal has continued to advise on complex, technology-focused matters in both domestic and cross-border contexts. The firm’s core practice areas include AI, blockchain and digital assets, fintech and technology, media and telecoms (TMT).

A key highlight from the firm’s AI practice is its ongoing representation of Ceti AI, a blockchain-based decentralised AI platform developing globally distributed computing architecture. The firm advises on corporate structuring, Web3 governance, smart contract-integrated agreements, and regulatory compliance.

Its work also includes advising on data governance and privacy issues, as well as IP considerations relating to AI-generated outputs. In addition, the firm addresses technological integration challenges associated with decentralised operational models.

One aspect of the firm’s TMT practice is its work supporting FDI in Thailand’s technology sectors. Silk Legal acted as Thai counsel to HitPay in relation to licensing requirements with the Bank of Thailand, and investment promotion with the Board of Investment (BOI).

The firm also continues to advise EQIBank on matters relating to digital banking, custody services and tech-enabled financial services including product development, regulatory strategy and cross-border expansion in a rapidly evolving market environment.

“We have consulted with them about the foreign business law and regulation in Thailand, M&A, and the joint venture scheme,” says Kanin Nilnakara, a legal counsel at Igloo Insure in Bangkok. “They have excellent service minds and are highly attentive to details.”

Law firm awards

BEST NEW LAW FIRM

  • WISE EQUITY LEGAL COUNSEL

Wise Equity Legal Counsel was founded in July 2024 by experienced capital markets lawyer Yaowarote Klinboon, advising both issuers and underwriters on domestic and international offerings of equity and debt securities. Her experience includes transactions conducted under rule 144A and regulation S of the US Securities Act, as well as compliance with the rules and regulations of the Stock Exchange of Thailand.

In the past 12 months, the firm has advised a plastic surgery clinic and hospital, as well as the technology and cybersecurity subsidiary of a Thai-listed company, in connection with their planned IPOs and proposed listings on the Market for Alternative Investment. Both transactions are expected to be completed this year.

However, Wise Equity’s most notable mandate was representing listed Triton Holding in a transaction involving the issuance of shares equal to 49.18% of its post-offering capital to Baanrai Taechaubol Holding Company, as consideration for an entire business transfer.

The deal included Baanrai Taechaubol Estate Company, which owns 62 land plots spanning more than 117 hectares in Chonburi province, valued at more than THB1.8 billion (USD57.9 million). Shareholders approved the transaction in March 2025, and the new shares began trading on the Stock Exchange of Thailand in April 2025.

With a core team of five partners including Yaowarote, one counsel and more than 10 associates, Wise Equity is expected to continue expanding its capital markets and corporate practice in Thailand, helping its clients navigate complex regulatory transactions.

Other award highlights

Weerawong C&P, one of Thailand’s leading law firms, continues to be engaged by domestic and international clients on major infrastructure projects in the country. The firm is currently advising the Office of the Eastern Economic Corridor in connection with a public-private partnership (PPP) project for the high-speed rail link connecting Don Mueang, Suvarnabhumi and U-Tapao airports, and assisting the Thai government with contract management matters.

The project is a flagship initiative forming a strategic aviation hub for Bangkok and eastern Thailand under the Eastern Economic Corridor programme, and ranks among the largest PPP projects in Thailand. It is also the first high-speed rail project in the Asean region to be implemented under a PPP scheme. Weerawong C&P is advising on issues arising from implementing the PPP agreement, including monitoring contractual obligations and compliance.

The law firm also received recognition in our Compliance and corporate governance category for advising Pepsi-Cola (Thai) Trading Company on compliance with Thai laws and regulations governing marketing and trade marketing activities.

In Thailand’s food and beverage sector, advertising, packaging and promotional activities are subject to detailed regulatory requirements, and non-compliance can result in administrative penalties, product recalls or restrictions on marketing and distribution. The firm advised Pepsi-Cola (Thai) on measures to ensure legal compliance, supporting protection of its brand reputation and continuity of its market operations in line with applicable regulatory standards.

Boutique law firm Formichella & Sritawat has recently expanded its presence in Thailand by opening new offices in Chonburi and Phuket, as well as enlarging its Bangkok office. In the past 12 months, the firm has been actively engaged in advising clients on personal data compliance with the PDPA.

Notably, the firm advised an international healthcare provider on the deployment of its AI-enabled digital health analytics platform, with a particular focus on compliance with the PDPA, the lawful processing of sensitive health data, and cross-border data transfer requirements. This advisory service involved analysing patient consent frameworks, data flow and processing architecture, and regulatory obligations applicable to advanced healthcare and medical analytics platforms operating across multiple jurisdictions.

Formichella & Sritawat also advised a global auto manufacturer on its PDPA compliance for AI-enabled and connected vehicle and mobility data systems. This work focused on the lawful processing of continuous telemetry and location-adjacent data, data retention governance, cross-border transfer structures and processor/vendor operating models. It also addressed how high-volume, machine-generated data streams should be classified and governed under Thai data protection principles.

The firm has also been active in the TMT sector, advising an international e-sports organiser on prize structure classification under Thai gambling and criminal law, mitigating enforcement risk. They also advised an international streaming platform on collaboration agreements with a social media platform, focusing on IP alignment and Thailand-specific enforceability.

In the past 12 months, RWT International Law Office advised a client in connection with a ransomware and data breach incident involving encrypted systems, where the scope of compromised data could not be immediately determined due to file encryption. The firm advised on the legal basis for delaying breach notification under the PDPA, relying on exemptions applicable where the facts of a breach cannot reasonably be ascertained at the initial stage.

RWT also engaged with the Personal Data Protection Committee to notify the incident and manage communications with the regulator. The firm’s handling of this matter contributed to its recognition in the Data compliance and cybersecurity category of our awards.

In the healthcare and life sciences sector, the firm has also been advising clients on compliance with Thai medical device regulations, working closely with the Thai Food and Drug Administration to address licensing requirements, distribution structures and ongoing regulatory reporting obligations. Through engagement with regulators and compliance-focused guidance, RWT is supporting clients in maintaining operations while meeting applicable regulatory standards.

RWT also advises digital platforms, including Lazada and TikTok Shop, on online infringement and counterfeit enforcement matters across e-commerce marketplaces. The firm has led co-ordinated takedown and enforcement strategies aimed at removing infringing listings, while ensuring compliance with platform policies and applicable Thai regulations.

TTT+Partners has focused on consolidation while adding more than 120 new clients in 2025. The firm is preparing to open an additional office in 2026 to expand its legal team and support continued growth. It has also been approached by a Singapore-based Magic Circle firm regarding a potential network relationship, with an announcement expected in 2026 subject to ongoing discussions.

A key compliance and corporate governance mandate for the firm was its advisory role to NSL Foods PCL in connection with strategic investments in two agricultural companies, N.B. Value Link and Pro Natural Foods. The firm reviewed and obtained the required corporate approvals, ensured compliance with applicable statutory and regulatory requirements, and oversaw corporate processes relating to the acquisition of assets and the purchase of a 100% shareholding in the respective transactions, which were completed in March and April 2025.

In addition, TTT+Partners is advising NatureWorks on its ongoing Sequoia Project, providing support on contractor disputes and contract management. The project is an expansion initiative to develop a fully integrated biopolymers manufacturing complex in Nakhon Sawan province with a publicly reported estimated investment of about USD600 million.

The firm’s work includes drafting and negotiating agreements with contractors and suppliers, reviewing project documentation, advising on risk allocation and developing strategies to address potential delays or performance issues.

Mahanakorn Partners Group (MPG) is an established litigation firm in Thailand which secured major victories in the past 12 months. Among them was the resolution of a complex immigration matter involving 42 Swiss nationals who were wrongfully blacklisted and barred from entering Thailand due to alleged visa forgery.

Acting pro bono at the request of the Swiss embassy, MPG worked closely with Thai government agencies including the Immigration Bureau, Ministry of Foreign Affairs and overseas missions to secure the full removal of all names. In August 2025, the firm collected a final memorandum from the Immigration Bureau formally closing the case. This matter was mainly handled by managing partner Vilasinee Thephasadin Na Ayuthaya, who serves as an official legal counsel to the embassy.

MPG has long been known for its litigation practice, but the firm received its ESG award in recognition of its work advising clients on Thailand’s evolving environmental, social and governance regulatory framework.

Among its clients is the Bank of Thailand. The firm provides strategic guidance on the central bank’s Green Finance policies, which support development of environmental financial products and establish standardised frameworks for classifying sustainable economic activities. These initiatives form part of Thailand’s broader policy efforts to achieve net-zero greenhouse gas emissions by 2050.

In the past 12 months, Satyapon & Partners opened a new office dedicated exclusively to managing the increased volume of patent filings, patent disputes and related litigation matters. As a result, the firm filed more than 200 design patent applications and conducted more than 600 patent searches during the year.

The firm also handled a record number of trademark litigation cases. In one notable matter it represented a global fashion luxury brand in a civil lawsuit against a local infringer who had allegedly copied the brand’s trademark and sold counterfeit goods. The case was resolved through an in-court mediation resulting in a mutually agreed settlement that secured substantial compensation for the client.

Satyapon & Partners also represented domestic companies in IP matters. In one case, the firm acted for a local manufacturer and distributor of ergonomic sleeping products, filing a civil lawsuit against several Chinese individuals on grounds of trademark infringement, passing off and copyright infringement.

Following an in-court mediation, the dispute was resolved through a settlement that provided the client with considerable compensation. The resolution also required the defendants to remove all infringing accounts and content from social media platforms, and sign an agreement committing to refrain from repeating the infringing activities.

Eiji Tanoue

“Satyapon & Partners consistently deliver high-quality and timely services with a proactive and solution-oriented approach,” says Eiji Tanoue, a partner at SAEGUSA & Partners in Tokyo.

“Their explanations are clear, turnaround time is fast, and they are reliable long-term partners for handling trademark matters in Thailand.”

The client portfolio of Ananda Intellectual Property primarily consists of international companies across various industries, with a significant number of clients from China including ByteDance, Huawei and BYD. Notably, the firm managed more than 130 patent applications for BYD alone during the 2024-2025 period.

Recently, Ananda has been focusing on the food and beverage industry, assisting several restaurant brands with their IP protection. One such client is Prime Burger, a “smash burger” brand founded by Swedish entrepreneurs operating around 20 branches nationwide. Although the client already holds the trademark “PRIMEBURGER & DEVICE” the firm recommended filing an additional application in a different class to strengthen the brand’s service-mark coverage and also serve as a base application for international filing under the Madrid Protocol.

The firm is also pursuing trademark protection for another client, Bianca, a modern Italian restaurant and wine bar with four Bangkok branches, for the branding “BIANCA”. This case presents certain challenges as the term “Bianca”, meaning “white”, could be considered non-distinctive by the Thai Department of Intellectual Property. In addition, a prior “BIANCA” mark had already been published, so Ananda advised the client to amicably request the previous owner to withdraw that application, preventing it from becoming a citation. The new trademark is currently pending registration.

“We usually work with Ananda Intellectual Property to help our clients navigating their way to enter Thailand market, from an IP perspective,” says Risti Wulansari, a partner at K&K Advocates in Jakarta.

“The team consistently provides comprehensive explanations in a clear and accessible manner, particularly for our clients with limited knowledge of IP protection in Thailand, which greatly helps in ensuring that complex matters are well understood.”

Jirapat and Partners was awarded the Best New Law Firm in last year’s awards and continues to provide legal services across complex energy projects. In the past 12 months, the firm relocated to a larger office in Bangkok’s Silom area to support its growing team and offer an improved working environment.

Amid a period of significant transformation in the Thai energy market, Jirapat and Partners received recognition in the Energy and natural resources category of our awards for their role in shaping renewable energy legal frameworks and supporting the decentralisation of energy production, aimed at enhancing the competitiveness of renewable energy in Thailand.

The firm has advised government agencies on initiatives such as virtual power purchase agreements, and contributed to drafting legislation for the Climate Change Act and Carbon Credit Act, supporting the country’s transition towards net-zero emissions.

Jirapat and Partners is expanding its practice beyond renewable energy into other energy and natural resource sectors, including water supply and mining. The firm is currently supporting the renegotiation and interim contract management for water supply plants, where its client holds winning bids for supply contracts within industrial zones.

In addition, the firm is involved in the expansion of Thailand’s largest gold mine, Akara Gold Mine, providing legal assistance throughout the process of obtaining the necessary expansion licences.

While KPMG operates in 138 countries globally, KPMG Law Thailand provides integrated legal services in co-ordination with other KPMG practices including tax, consulting, deal advisory, and M&A.

In the past 12 months, the firm has been active in advising on foreign investment matters, offering strategic legal guidance to international clients on investment structuring and the establishment of appropriate legal frameworks, including the procurement of permits from the BOI.

Its clients include Nintendo Thailand, Itochu Thailand Group, Nippon Steel Thailand Group, and Kobayashi Pharmaceutical Manufacturing. The firm has advised on issues such as foreign land ownership rights, free-zone and industrial estate approvals, labour law compliance, work permits and visas for expatriates, as well as compliance with Thailand’s PDPA.

Kannika Boontaim, head of KPMG Law Thailand, has been recognised among Thailand’s A-List lawyers for two consecutive years, 2024 and 2025.

Somchai Budsaratragoon

“We recommend KPMG Law as they have an experienced team to support our business operation as business partner,” says Somchai Budsaratragoon, chief financial officer at Hakuhodo International, a global advertising company, in Bangkok. “They have a capable team related to business and tax law, and an audit team to support the legal team.”

In the past 12 months, Lexel IP has advised several government and private organisations, in Thailand and internationally, on securing IP protection for healthcare and life science inventions, earning them an award in this category. The firm’s clients in this sector include faculties from Thailand’s leading medical schools and university-affiliated hospitals, as well as university faculties of medicine, science and medical technology, and the Institute for Technology and Innovation Management.

Lexel assists clients in obtaining patent protection across a range of fields including future and organic food, agriculture, aquaculture, cosmetics, biomedical devices, and medical innovations such as vaccine development, health and wellness applications, stem cell therapy, advanced therapy medicinal products, gene editing technologies, and encapsulation technologies.

The firm also supports several spinoffs and startups in commercialising their innovations through patent licensing and technology transfer. It assists clients with patent filings in major international markets including the US, Europe, China, Japan, India, Australia and Singapore.

Beyond its core IP services, the firm advises startups and spinoff companies in their engagements with investors and strategic partners. This includes providing support in investor negotiations, and structuring and preparing key transaction documents such as shareholders’ agreements.

Hiroyoshi Teraoka, the Bangkok office manager at NGB Corporation, an IP services firm headquartered in Japan, praises the firm: “Lexel IP has been a reliable local partner in assisting our Japanese clients with their IP needs in Thailand. We have found their service to be dependable and of high quality, and we value the professional relationship we have developed with their team.”

In the past 12 months, Lexpertise Law Firm has further enhanced its profile through several significant intellectual property litigation matters across key industries.

Among them, the firm represented the exclusive sub-licensee of the broadcasting rights for the FIFA World Cup Qatar 2022 in a major copyright infringement dispute against a leading Thai telecoms operator. The case concerned the unauthorised retransmission of live World Cup broadcasts via the operator’s IPTV platform.

Lexpertise handled the matter through the appellate and Supreme Court stages. The Court of Appeal for Specialised Cases upheld the client’s exclusive rights and rejected the defendant’s regulatory defence. The defendant subsequently applied for leave to appeal to the Supreme Court, however, in August 2025, the Supreme Court dismissed the application, bringing the dispute to a close.

In addition, Lexpertise is representing a leading auto company in a patent and design patent infringement dispute relating to tyre technology. The firm has raised arguments concerning the scope of patent protection, including the risks associated with extending protection to non-functional features. It has also emphasised that patent rights should be based on genuine technical contributions, an issue with broader implications for legal certainty and competition within Thailand’s manufacturing sector.

Pakcharin Yodmalai

Praising Lexpertise, Pakcharin Yodmalai, head of corporate & legal affairs at container terminal and port logistics operator LCB1 Group, says: “In our recent case, they provided comprehensive strategic guidance and clearly outlined various solution paths, including the associated pros and cons, which was extremely valuable for our decision?making. Our experience with the Lexpertise team has been consistently professional and effective.”

SRPP is a commercial law firm in Bangkok advising both domestic and international clients mainly on complex corporate and finance matters. In this year’s awards, SRPP is recognised in the category of Private equity & venture capital for handling sophisticated deals in the sector.

SRPP acted as legal adviser to a private equity management firm in connection with the sale of a combined 30% equity interest in 4U2, a Thai cosmetics brand, to Karmarts Public Company, which is listed on the Stock Exchange of Thailand. SRPP advised on the transaction structure, conducted legal due diligence, and assisted with negotiations and completion of the transaction, which closed in June 2025. This mandate was led by founding partner, Panuwat Chalongkuamdee.

SRPP also advised Lombard Asia, a regional private equity firm, and Cobra International on the divestment of a majority stake in Cobra Advanced Composites, a Thailand-based manufacturer of high-end composite products, to Thai Summit Group.

The transaction provides Thai Summit with carbon fibre manufacturing capabilities and broader access to high-performance auto markets in Europe, while allowing the sellers to complete a strategic exit. SRPP advised on transaction structuring, conducted legal due diligence, and assisted with negotiations and completion of the deal. This transaction was also led by founding partner Panuwat.

Last year marked the 20th anniversary of Thanathip & Partners Legal Counsellors and a period of strategic development for the firm, expanding its flexible billing arrangements, introducing and increasing the use of fixed, capped and blended fee structures. These models are designed to provide clients with greater cost predictability while supporting the efficient progression of transactions. This move reflects the firm’s focus on commercial practicality and alignment with client budgeting and service expectations.

In the capital markets sector, Thanathip & Partners advised Ngernturbo Public Company on its IPO, with trading commencing in September 2025. Founded in 2017, Ngernturbo operates in the non-bank financial services sector, which is subject to significant regulatory oversight.

The mandate involved extensive engagement with the Securities and Exchange Commission, including advice on corporate structuring, disclosure compliance, and the design and implementation of an employee stock option plan. The firm also conducted legal due diligence, obtained required third-party approvals, implemented necessary corporate restructuring, filed registration statements and prepared transaction documentation.

Law firm awards

LAW FIRM OF THE YEAR

BAKER MCKENZIE

  • WISE EQUITY LEGAL COUNSEL

  • BAKER MCKENZIE
  • HERBERT SMITH FREEHILLS
  • WATSON FARLEY & WILLIAMS
  • WEERAWONG C&P

  • A&O SHEARMAN
  • BAKER MCKENZIE
  • LINKLATERS
  • THANATHIP & PARTNERS

  • MAHANAKORN PARTNERS GROUP
  • RWT INTERNATIONAL LAW OFFICE
  • TILLEKE & GIBBINS
  • TTT+PARTNERS

Law firm awards

ESG

  • BAKER MCKENZIE
  • LEXEL IP
  • RWT INTERNATIONAL LAW OFFICE
  • TILLEKE & GIBBINS

  • BAKER MCKENZIE
  • DLA PIPER
  • SIAM PREMIER INTERNATIONAL LAW OFFICE
  • TILLEKE & GIBBINS

  • BAKER MCKENZIE
  • RAJAH & TANN
  • TILLEKE & GIBBINS
  • WATSON FARLEY & WILLIAMS


THE JUDGING PROCESS

THE JUDGING PROCESS

Winners of Asia Business Law Journal’s Thailand Law Firm Awards 2026 were selected based on votes, references and qualitative information received from in-house counsel and other legal professionals in Thailand and around the world.

A voting form was posted on our website, inviting thousands of in-house counsel, lawyers at international law firms, and other Thailand-focused professionals to vote. At the same time, Thai law firms were asked to make submissions in support of their candidacy for the awards.

These submissions, combined with research by Asia Business Law Journal’s editorial team, played a supporting role in the judging process.

All Thai law firms were automatically eligible for inclusion in the awards process. As always, there were no fees or any other requirements for entry.

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