Most legal fees for conveyancing transactions in Peninsular Malaysia have increased from 1% to 1.25% since July 15th, affecting transactions involving non-contentious matters like the sale and purchase of movable and immovable properties, financing and tenancies. The Malaysia Competition Commission is questioning this hike, calling it uncompetitive. Karen Cheah, the president of the Malaysian Bar, gives us the legal fraternity's side of the story and how lawyers are coping with increasing operating costs.



Image by: Shutterstock

Most legal fees for conveyancing transactions in Peninsular Malaysia have increased from 1% to 1.25% since July 15th, affecting transactions involving non-contentious matters like the sale and purchase of movable and immovable properties, financing and tenancies. The Malaysia Competition Commission is questioning this hike, calling it uncompetitive. Karen Cheah, the president of the Malaysian Bar, gives us the legal fraternity's side of the story and how lawyers are coping with increasing operating costs.Image by: Shutterstock

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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