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Law Firm and Lawyers Awards Report 2023: Vietnam

Introduction

Legal awards acknowledge the market recognition of a law firm and lawyer’s success, ability, effort and, above all, excellence.

While rankings consider the accumulation of a firm or lawyer’s efforts year-on-year, awards represent the achievements of firms or lawyers during the past 12 months. Awards can be viewed as being more significant than rankings because being shortlisted or winning an award means a firm or lawyer is one of a very select number of parties considered to be “the best”.

Legal Media 360’s Awards Reports consolidate the nominations and winners of the most reputable international and regional awards, showcasing the top performers by jurisdiction.

Methodology

Atomic awards data is categorized, and naming conventions standardized. This highlights which firms, lawyers, cases and deals are receiving the greatest recognition via a nomination/win ratio.

Awards data from the following sources are used in our research:

Asian Legal Business, ALM, asialaw, Benchmark Litigation, China Business Law Journal, Chambers and Partners, China Law and Practice, India Business Law Journal, International Financial Law Review, In-house Community, Legal 500, Managing IP.

The awards period used for our research is January to December 2022.

Legal Media 360’s awards analysis splits firm awards into two distinct categories: Firm awards and Case/deal awards.

Award Categories

Firm Awards

Firm awards include categories such as practice area specific awards, practice management, diversity and inclusion and firm-wide awards (such as firm of the year).

The following data is for Vietnam and includes domestic and regionally-headquartered firms only.

Table 1: Top firms by highest number of firm award nominations


Commentary: In 2022, a total of 13 law firms were nominated for firm related awards. Only four of these firms won awards. LNT & Partners, VILAF, Vision & Associates and YKVN were nominated five times, LNT & Partners and VILAF won the most awards out of all nominated firms..

Case/Deal Awards

Case/deal awards recognise the firms working on the most significant matters in the past 12 months.

Table 2: Firms by highest number of case/deal award nominations

Commentary: In 2022, only three firms were nominated for case/deal related awards. YKVN achieved both the highest number of nominations and overall wins, beating their closest competitors by a considerable margin.

Lawyer Awards

In the 12 publications examined, a total of 11 lawyers from nine firms were nominated for awards. 10 male lawyers were nominated, compared with just one female lawyer. The gender ratio of male-female lawyer nominations is 91 to 9 percent. LNT & Partners achieved the highest number of nominations, however Viet Ha Nguyen from Lexcomm was the sole award winner.

Nomination Statistics

Table 3: Firms with the highest number of lawyer award nominations

Table 4: Top lawyers by nomination count

Winner Statistics

 Table 5: Winning firms

 

Table 6: Winning lawyers

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