Phuoc & Partners International Law Firm

What Phuoc & Partners International Law Firm does

Phuoc & Partners International Law Firm is a privately held Vietnamese law firm structured as a limited liability company (Công Ty Luật TNHH Phước và Các Cộng Sự), founded in 2003 and headquartered at Unit A5.01F – A6.01F, Paris Hoang Kim Apartment Building, 31 Street No.1, An Khanh Ward, Ho Chi Minh City. The firm operates three offices across Vietnam's principal commercial and political centers — Ho Chi Minh City (headquarters and branch), Hanoi (led by Partner Truong My Ly), and Da Nang — and is led by Managing Partner Nguyen Huu Phuoc. The firm is full-service across 18 practice areas, with flagship offerings in Labour & Employment, Tax, and Litigation, and supporting practices spanning M&A, Arbitration, Intellectual Property, Real Estate, Maritime & Transportation, Finance & Banking, In-house Counsel, Inbound/Outbound Investment, Debt Collection, Legal Training, Legal Translation, and Corporate Governance & Compliance. The firm employs approximately 47–60 legal professionals (with a homepage claim of 100 professional lawyers across the broader team), including seven lawyers with master's degrees in law and multilingual coverage of Vietnamese, English, French, Japanese, and Korean.

The firm generates revenue through a traditional professional services model: hourly billing (with published tiers ranging from USD 35/hour for interpreters to USD 380/hour for partner-level work), fixed fees for predictable matters such as investment licenses and trademark filings, monthly retainer arrangements for ongoing counsel, and success/contingency-based fees for matters such as debt collection. Rates are reviewed annually against inflation and market conditions. The firm serves three primary customer segments — multinational corporations and foreign-invested enterprises (the primary segment), domestic businesses and organizations (primary), and individuals including weaker parties in legal disputes (secondary) — and has served more than 2,000 organizations and individuals over its history. It has been consistently recognized by Legal 500, Asia Law, Chambers & Partners, and ALB as a leading Vietnamese law firm in Labour & Employment, Tax, and Litigation, and received a Certificate of Merit from the Vietnam Bar Federation in 2012.

The go-to-market is sales-led and content-driven: recognized international legal directories generate inbound inquiries from multinational clients, the firm publishes bilingual legal articles, monthly newsletters, and specialized publications (Labour Law Report Calendar, Compliance Health Check), and maintains an active presence at industry events and university career days. Distribution is direct-to-client through the three offices only — no resellers or intermediaries — with an international law firm collaboration network supporting cross-border referrals. Phuoc & Partners does not operate a technology platform; its core offering is human legal advisory and litigation services, and AI/ML capabilities are not part of its current proposition.

Name

Phuoc & Partners International Law Firm

Legal name

Công Ty Luật TNHH Phước và Các Cộng Sự

Website

https://phuoc-partner.com

Company type

Private

Founded year

2003

Operating status

Operating

Short description

Phuoc & Partners International Law Firm is a privately held Vietnamese law firm founded in 2003, operating three offices across Ho Chi Minh City, Hanoi, and Da Nang. It serves multinational corporations, domestic businesses, and individuals with 18 practice areas, led by Labour & Employment, Tax, and Litigation.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Legal Advisory Services: The firm provides comprehensive legal advisory services across multiple practice areas including Labour & Employment, Tax, Litigation, M&A, Investment, Real Estate, and more. Revenue is generated through hourly fees, fixed fees, and success-based fees depending on the nature of the engagement.
2. Monthly Retainer Services: The firm offers monthly retainer arrangements for ongoing legal advisory services, providing clients with regular access to legal counsel for a fixed recurring fee.
3. Success-Based / Contingency Fees: For certain matters such as debt collection, the firm applies success-based fee arrangements where fees are contingent on the outcome of the case.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Phuoc & Partners is a full-service Vietnamese commercial law firm providing legal advisory, litigation, and arbitration services across 17 practice areas, anchored by Labour & Employment, Tax, and Litigation. Services are delivered to multinational corporations, domestic businesses, and individuals through partner-led engagements billed hourly, by fixed fee, by success-based contingency, or via monthly retainer arrangements.

Product overview

Phuoc & Partners is a full-service Vietnamese law firm offering a broad portfolio of legal services across 18 distinct practice areas. The firm's core service areas are Labour & Employment, Tax, and Litigation, which are its flagship offerings. Supporting practice areas include Arbitration, Corporate Governance – Legal Compliance, Debt Collection, Finance & Banking, In-house Counsel, Inbound Investment, Intellectual Property, Legal Training, Legal Translation, Maritime & Transportation, Mergers & Acquisitions, Monthly Retainer, Outbound Investment, and Real Estate. The firm operates with a team of approximately 100 professional lawyers across offices in Ho Chi Minh City (head office and branch), Hanoi, and Da Nang.

Differentiator

Problem solved

Functional benefit

Products and services

• Labour & Employment Legal Services Comprehensive legal support and solutions for labour and employment matters including general compliance, termination of employment, restructuring, retrenchment, legal document preparation and review, and administrative procedures, for enterprises operating in Vietnam.
• Tax Legal Services Comprehensive legal support and solutions to help enterprises optimise tax efficiency, covering general compliance, tax incentives, cross-border transaction taxes, tax planning, and tax ruling applications.
• Litigation Services Support for clients in settlement of disputes in a lawful, professional and effective manner to minimise financial burdens, covering advice on dispute resolution approaches, court and arbitral tribunal proceedings, legal position assessment, and out-of-court negotiations.
• Arbitration Services Commercial arbitration services for resolution of disputes through arbitral tribunals.
• Corporate Governance – Legal Compliance Legal compliance and corporate governance advisory services for enterprises operating in Vietnam.
• Debt Collection Debt recovery and collection services for enterprises.
• Finance & Banking Legal services related to finance and banking sector.
• In-house Counsel Embedded in-house legal counsel services for clients needing dedicated legal support.
• Inbound Investment Legal advisory services for foreign investment into Vietnam.
• Intellectual Property Intellectual property registration, protection, and advisory services.
• Legal Training Legal training and professional development programmes.
• Legal Translation Legal document translation services between Vietnamese and other languages.
• Maritime & Transportation Legal services for maritime and transportation sector.
• Mergers & Acquisitions M&A advisory and transaction support services.
• Monthly Retainer Monthly retainer legal advisory services for ongoing client relationships.
• Outbound Investment Legal advisory services for Vietnamese investment abroad.
• Real Estate Legal services for real estate transactions and disputes.

Quantifiable outcome

• 2,000+ organizations and individuals served over 15+ years
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• International Law Firms (Collaboration Network)minorStrategic or Co-development PartnerPhuoc & Partners collaborates with law firms in other countries to leverage synergistic strengths and deliver prompt and efficient services to international clients. This international collaboration network supports cross-border legal matters and client referrals.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• VILAF: VILAF (formerly Vinafulcrum) is a well-established Vietnamese full-service law firm with comparable practice breadth and similar positioning for foreign-invested enterprises. It is one of the most prominent domestic competitors in the same Labour/Investment/Dispute Resolution space.
• LNT & Partners: LNT & Partners is a major Vietnamese law firm offering full-service legal advisory across corporate, M&A, labour, tax, and litigation. It directly competes with Phuoc & Partners in serving foreign-invested enterprises and mid-market domestic clients in Vietnam.
• Indochine Counsel: Indochine Counsel is a Vietnam-based law firm offering a broad range of practice areas comparable to Phuoc & Partners, including FDI, M&A, labour, and dispute resolution. It targets a similar client mix of multinational corporations and domestic enterprises.
• Frasers Law Company: Frasers Law Company is a Vietnam-focused full-service law firm with practice breadth and multinational client focus matching Phuoc & Partners. It serves foreign-invested enterprises and domestic corporates across transactional and litigation matters.
• ASL Law: ASL Law (formerly Audier & Partners) is a Vietnamese full-service law firm with strong Labour & Employment and corporate practice presence. It is a direct competitor for inbound foreign-investment mandates and mid-market legal advisory work in Vietnam.
• LETO Legal: LETO Legal is a mid-sized Vietnamese law firm offering corporate, commercial, and dispute resolution services. It competes with Phuoc & Partners for domestic and mid-market foreign-invested enterprise clients in Vietnam.
• Bizconsult (formerly Bizlink Lawyers & Consultants): Bizconsult is a Vietnamese law firm providing corporate, investment, and commercial legal services with a comparable mid-market focus. Notably, one of Phuoc & Partners' current partners previously worked at Bizlink Lawyers, indicating direct overlap in talent and client base.

Broad incumbents

• YKVN (Yoon & Yang / LCT Lawyers): YKVN is a major international law firm with a deep Vietnam presence, offering corporate, M&A, and dispute resolution services. It is a broader incumbent competitor that competes with Phuoc & Partners on higher-end multinational and cross-border mandates.
• Baker McKenzie (Vietnam): Baker McKenzie operates one of the largest international law firm practices in Vietnam, serving multinational corporations across M&A, tax, employment, and litigation. It is a broader incumbent competitor that competes with Phuoc & Partners on inbound FDI and large-scale cross-border matters.

Regional players

• R&T Asia (Russin & Vecchi): R&T Asia / Russin & Vecchi is a regional law firm with a long-standing Vietnam office serving foreign-invested enterprises and corporate clients. It is comparable in its Vietnam focus and practice areas, though it also operates in other Asian jurisdictions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phuoc & Partners International Law Firm