Wanted: Japanese firms’ policy advice on AI, trade and crypto

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Wanted: Japanese firms’ policy advice on AI, trade and crypto
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Legal expertise based on experience in government and industry is in demand to help shape regulation

A new breed of lawyer has emerged in Japan over the past decade: part lobbyist, part advocate, they sit between companies and governments, helping to shape policy and regulation in some of the world’s fastest-growing and most geopolitically sensitive sectors. As concerns grow about generative artificial intelligence and the free flow of data across borders, and as sanctions spread because of war and the creation of rival trading blocks, lawyers in Tokyo have found a new niche to occupy.

For Takafumi Ochiai, senior partner at Japanese law firm Atsumi & Sakai, there is a simple but important change taking place in Japan. Businesses, before the Covid-19 pandemic, were typically rule takers that tended to comply with what regulators decided, he explains. Now, they are moving towards a US system where the interaction between industry and government shapes regulations and policies.

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