{"id":6423,"date":"2021-03-14T09:30:55","date_gmt":"2021-03-14T01:30:55","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=6423"},"modified":"2021-03-16T15:52:44","modified_gmt":"2021-03-16T07:52:44","slug":"5-questions-withmark-teng-founding-director-at-that-legal-llc","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/5-questions-withmark-teng-founding-director-at-that-legal-llc\/","title":{"rendered":"5 Questions With\u2026Mark Teng, Founding Director At That.Legal LLC"},"content":{"rendered":"\n<p>When we work with individuals who are in professional services such as lawyers, accountants and architects, we sometimes forget that while they provide us with important paid services that we need, they may also be entrepreneurs themselves, having to deal with the challenges of running a business, on top of the professional services that they provide for their client.<\/p>\n\n\n\n<p>One such individual is <a href=\"https:\/\/www.linkedin.com\/in\/markteng\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Mark (opens in a new tab)\">Mark<\/a><a href=\"https:\/\/www.linkedin.com\/in\/markteng\/\"> Teng<\/a>, a founding director at <a href=\"https:\/\/www.that.legal\/\">That.Legal LLC<\/a>, a boutique law firm that specialises in intellectual property (IP) law. <\/p>\n\n\n\n<p>That.Legal LLC aims to provide timely,\ncost-effective and commercially practical solutions such as IP Protection &amp;\nPortfolio Management, IP Disputes &amp; Litigation and IP Exploitation &amp;\nCommercialisation. It also maintains a strong international network of\nintellectual property lawyers to assist Singaporean SMEs to go global.&nbsp;<\/p>\n\n\n\n<p>Since graduating from the National University of Singapore (NUS) in 2011 with a Bachelor of Laws (LLB) (Honours), Mark has worked as a lawyer who specialises in intellectual property. In 2019, Mark decided to take the entrepreneurial leap to start his law firm \u2013 That.Legal LLC, with a partner, <a href=\"https:\/\/www.that.legal\/profile-jonathan\">Jonathan <\/a><a href=\"https:\/\/www.that.legal\/profile-jonathan\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Foong (opens in a new tab)\">Foong<\/a>.<\/p>\n\n\n\n<p>Mark is currently serving as the Chairman of the IP Enforcement Sub-committee&nbsp;at the Law Society of Singapore and was named one of&nbsp;Singapore\u2019s Top 20 Under 40 Lawyers&nbsp;back in 2017. He has also worked on a couple of high-profile cases, most notably the case of <a href=\"https:\/\/www.supremecourt.gov.sg\/docs\/default-source\/module-document\/judgement\/delivered-judgment---global-yellow-pages-ltd-v-promedia-directories-pte-ltd-and-another-matter-2017-sgca-28-(190417)-pdf\">Global <\/a><a href=\"https:\/\/www.supremecourt.gov.sg\/docs\/default-source\/module-document\/judgement\/delivered-judgment---global-yellow-pages-ltd-v-promedia-directories-pte-ltd-and-another-matter-2017-sgca-28-(190417)-pdf\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Yellow (opens in a new tab)\">Yellow<\/a><a href=\"https:\/\/www.supremecourt.gov.sg\/docs\/default-source\/module-document\/judgement\/delivered-judgment---global-yellow-pages-ltd-v-promedia-directories-pte-ltd-and-another-matter-2017-sgca-28-(190417)-pdf\"> Pages vs. Promedia Directories<\/a>. He is also currently the lead counsel in a highly publicised defamation lawsuit between marathoners Ashley Liew (our client) and Soh Rui Yong (the Defendant). <\/p>\n\n\n\n<p>In this edition of <a href=\"https:\/\/dollarsandsense.sg\/business\/?s=5+Questions+With\">5 Questions With\u2026<\/a>, we talk to Mark about the reasons that led to him starting his own law firm and how it\u2019s like not just being a lawyer but also an entrepreneur. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1024\" height=\"684\" src=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-1024x684.jpg\" alt=\"\" class=\"wp-image-6425\" srcset=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-1024x684.jpg 1024w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-300x200.jpg 300w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-768x513.jpg 768w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-380x254.jpg 380w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-800x534.jpg 800w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1-1160x774.jpg 1160w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-Colleague-1.jpg 1381w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong><em>Timothy Ho (Timothy): Lawyers don\u2019t typically get interviewed often on a personal level (unless they are talking to reporters on a case that they are working on). Since you agreed to this interview, we want to take the chance to ask you how hectic is a regular day like for you? Is it similar to what we watch on Suits, where work starts at 7 am and ends past midnight?<\/em><\/strong><\/p>\n\n\n\n<p><strong>Mark Teng (Mark):<\/strong> I wish we had as many high-profile cases as Suits had, but I\u2019m still working on my Harvey Specter persona so that\u2019ll have to wait. For now, my regular day is probably not far off from what you\u2019d imagine.<\/p>\n\n\n\n<p>When I embarked on my new firm, I was\nrecommended \u201cThe 5am Club\u201d by Robin Sharma, which gave me insights into the\nworld before dawn. Waking up at <strong>6am<\/strong> and watching the sunrise over a\ndouble ristretto gives this sense of freedom sans distractions and is a beautiful\nway to start the day. In this relentless age of complexity, these precious\nhours lend much-needed serenity, and provide this bubble of protection and\narmour for the challenges to come.<\/p>\n\n\n\n<p>I start my first task of the day at <strong>8am<\/strong>\n\u2013 prioritisation. With age and experience come the realisation (and admittance)\nthat attempting to tackle everything at once never ends well. Single-tasking\nallows for focus and tranquillity, which is why prioritising of tasks takes\npriority.<\/p>\n\n\n\n<p>At <strong>9am<\/strong>, I dedicate the next 2 hours to\nthe most pressing item on the to-do list for the day. Channelling my full,\nfresh self into crucial parts of the day\u2019s agenda allows for peak performance,\nand also counters the natural urge to procrastinate.<\/p>\n\n\n\n<p>The bulk of my day, <strong>11am \u2013 6pm<\/strong>, is set\naside for meetings. These could entail external discussions on client matters,\nor internal huddles to smoothen processes out, for efficient running of the\nfirm\u2019s many chains of operations.<\/p>\n\n\n\n<p>I look forward to <strong>6pm<\/strong> daily, because\nthat\u2019s when I allow myself my only meal of the day. The \u201cone-meal-a-day\u201d\nintermittent fasting regime has been likened to a warrior diet, and over the\npast year, I have come to understand the analogy. Weight loss aside, having 1\nmeal a day has helped avoid the post-meal fatigue in the middle of the day, and\nhas brought forward the time I leave the office to spend time with family back\nhome.<\/p>\n\n\n\n<p>After a full day\u2019s work,<strong> 7pm <\/strong>calls for\nmuch-needed reverie. Some days, this comes in the form of hitting at balls at\nthe driving range; other days, Netflix wins. My 12-year-old Golden Retriever\ngoes to bed at <strong>11pm<\/strong>, and my wife and I follow suit.<\/p>\n\n\n\n<p>Many lawyers who have come before me have\ndescribed lawyering as being more akin to a marathon than a sprint, and I fully\nconcur. Pacing oneself definitely leads to better decisions and better health,\nwhether physically or mentally.<\/p>\n\n\n\n<p>This daily routine would not make it into any episode of Suits (we can\u2019t afford a real princess in our cast), but I wouldn\u2019t have it any other way.<\/p>\n\n\n\n<ul class=\"wp-block-gallery columns-1 is-cropped\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-1024x682.jpg\" alt=\"\" data-id=\"6426\" data-link=\"https:\/\/dollarsandsense.sg\/business\/?attachment_id=6426\" class=\"wp-image-6426\" srcset=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-1024x682.jpg 1024w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-300x200.jpg 300w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-768x512.jpg 768w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-380x253.jpg 380w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-800x533.jpg 800w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work-1160x773.jpg 1160w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-At-Work.jpg 1384w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><\/ul>\n\n\n\n<p><strong><em>Timothy Ho:\nYou worked for about seven years with other law firms. What prompted you to\ntake the step to start That.Legal LLC? Were you concerned about the financial\nrisk of giving up a secured, high-paying job to start your own firm?<\/em><\/strong><\/p>\n\n\n\n<p><strong>Mark:<\/strong> The pursuit of happiness has long been touted as one of the 4 unalienable rights. Financial aspect aside, happiness to me involves seeing personal growth in myself and in my team, and being able to build this dream team in my image is a far more important form of remuneration for me than what a stable financial package will provide.<\/p>\n\n\n\n<p>Social media has glorified entrepreneurs over\nthe past few years, but we know that only the few who succeed can see past the\nwriting on the wall. Taking the leap towards starting my own firm was definitely\nnot a hastily made decision, but those closest to me would tell you that it was\nvery much in line with every fibre of why I chose to become a lawyer.<\/p>\n\n\n\n<p>I find joy in seeking out the talents in people and honing them to perfection, and I feel like I have achieved what I set out to establish when my employees are genuinely glad to come to work. Knowing how to kindle that spark of excitement in my team with each new task we undertake is what keeps my flame alive, and is what sustains everyone even when the going gets tough. I\u2019ve always enjoyed the humanity in otherwise mundane labour, and starting my own firm was one sure way I could bring to the table more than just a regular job with regular salaries. Because I work hard to achieve more than regular outcomes. The team that I\u2019ve built has now become family, and though the start-up phase was tough, I know I\u2019d do it all over again in a heartbeat.<\/p>\n\n\n\n<ul class=\"wp-block-gallery columns-1 is-cropped\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" width=\"1024\" height=\"684\" src=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-1024x684.jpg\" alt=\"\" data-id=\"6427\" data-link=\"https:\/\/dollarsandsense.sg\/business\/?attachment_id=6427\" class=\"wp-image-6427\" srcset=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-1024x684.jpg 1024w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-300x200.jpg 300w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-768x513.jpg 768w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-380x254.jpg 380w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-800x534.jpg 800w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders-1160x774.jpg 1160w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/Mark-Teng-With-Founders.jpg 1381w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><\/ul>\n\n\n\n<p><strong><em>Timothy: Most\npeople think of lawyers as professionals who are trained in the law and who\nprovide paid services to the clients. However, you are not just a lawyer but\nalso an entrepreneur. What is the key difference between being a lawyer who is\nworking at a law firm and having to run your own law firm?<\/em><\/strong><\/p>\n\n\n\n<p><strong>Mark: <\/strong>I\u2019d say that the one key difference is that the notion of \u201cnon-billable\u201d work becomes more exciting. Attending conferences now serves as a means to forge new and lasting friendships by being able to make pivotal decisions that impact others, without having to crawl through the gooiness of all the hierarchies and red tape someone in a large firm would probably be subjected to. And running spreadsheets comes with much more joy when you can draw direct correlations between the numbers and your next meal.<\/p>\n\n\n\n<p>Being a founding partner of my firm and building this family from infancy, I\u2019ve seen my team grow, and most importantly, I\u2019ve seen them stay. This proud father moment when you call for a toast with your team but have too many things to toast to is truly surreal, and in times like these, I\u2019m so grateful I took that leap.<\/p>\n\n\n\n<ul class=\"wp-block-gallery columns-1 is-cropped\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" width=\"604\" height=\"462\" src=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/That-Legal-LLC-2.png\" alt=\"\" data-id=\"6430\" data-link=\"https:\/\/dollarsandsense.sg\/business\/?attachment_id=6430\" class=\"wp-image-6430\" srcset=\"https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/That-Legal-LLC-2.png 604w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/That-Legal-LLC-2-300x229.png 300w, https:\/\/dollarsandsense.sg\/business\/wp-content\/uploads\/2021\/03\/That-Legal-LLC-2-380x291.png 380w\" sizes=\"(max-width: 604px) 100vw, 604px\" \/><\/figure><\/li><\/ul>\n\n\n\n<p><strong><em>Timothy: Besides your (obvious) passion in law and\nin particular, intellectual property laws, what are 2 other passions of yours\nthat you spend your free time on?<\/em><\/strong><\/p>\n\n\n\n<p><strong>Mark: <\/strong>Golf and making my wife happy (in ascending order).<\/p>\n\n\n\n<p><strong><em>Timothy: Share 1 important advice that you have for Singapore entrepreneurs when it comes to intellectual property protection for their business.<\/em><\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>If you haven\u2019t registered your trade mark, do it now, before it is too late. If you wish to find out more, check out the top 3 reasons to register your trade mark <a href=\"https:\/\/www.that.legal\/blog\/3-key-reasons-to-register-your-trade-mark\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"here (opens in a new tab)\">here<\/a>. <\/p><cite>Mark Teng<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Both a lawyer and an entrepreneur? Mark Teng shares with us how a regular day is like for him in the office\n","protected":false},"author":4,"featured_media":6443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[729,94],"tags":[462,107,104,655,854,829,830,853],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 Questions With\u2026Mark Teng, Founding Director At That.Legal LLC | DollarsAndSense Business<\/title>\n<meta name=\"description\" content=\"We talk to Mark Teng, a lawyer who is the co-founder of that.legal LLC, a boutique law firm that specialises in intellectual property (IP) law.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dollarsandsense.sg\/business\/5-questions-withmark-teng-founding-director-at-that-legal-llc\/\" \/>\n<meta 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