As will be clear from our recent blog on financing deals completed in 2018, we like to collect data on the work we do for our tech company clients to help us monitor trends and fine tune our services.
We’ve analysed the data on our commercial work in 2018. In total, the stats show we completed over 600 jobs for our New Zealand and international clients in that calendar year. This represents a 20% increase on 2017 and a 50% increase on 2016.
Most of this work was for NZ clients, but Southeast Asia was a meaningful contributor, making up 15% of the total. And based on the first few months of 2019, we expect the percentage of commercial work coming from Southeast Asian clients to increase a lot in 2019.
The data highlights several clear trends for NZ tech businesses:
We expect the amount of commercial legal work we do to continue its trend upwards and look forward to sharing with our clients the lessons we learn in 2019.
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