www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

US, China law firms pool their expertise

By Li Xiang (China Daily) Updated: 2016-07-14 09:10

Baker & McKenzie LLP, the world's biggest law firm by revenue, said it has been making progress in its joint operation with local Chinese law firm FenXun Partners, a move to expand its presence in the "brutally competitive" legal service market in China.

The two firms have jointly carried out about 70 projects involving technical advice in cross-border mergers and acquisitions, fundraising and antitrust issues, according to Milton Cheng, managing partner of the firm's Hong Kong office.

"It has been a success for us," Cheng said.

"We are getting the benefit of understanding how the Chinese law firms operate and gaining valuable perspectives on how Chinese clients are thinking."

In April the firm gained regulatory approval to set up a joint operation office with FenXun Partners in the China (Shanghai) Pilot Free Trade Zone, the first of its kind in the country.

The alliance allows the two firms to share their client bases and strategies while remaining structurally and financially separate.

The managing partner said the move was also seen as a sign of the gradual liberalization of China's highly restricted legal service market to international law firms, which have been facing competitive challenges in China.

Cheng said Baker & McKenzie has taken a long-term view on China despite the increasingly intense competition for international law firms due to the emergence of Chinese firms of sophistication and size.

"Pricing has been brutal for some types of work," Cheng said. "Law firms with less long-term views and less tolerance may be deterred by this. But we plan and invest for the long term."

The alliance between Baker & McKenzie and FenXun Partners, labeled as a prototype for foreign firm's operations in China, enabled the Chicago-based law firm to advise their multinational clients on both Chinese and international law.

The tie-up followed the merger between international law firm Dentons and Chinese firm Dacheng Law Offices in January, which created the world's largest law firm by lawyer headcount.

Erik Scheer, a member of the global executive committee of Baker & McKenzie, said that the firm's global clients have supported the joint operation with the Chinese firm.

"It is important for us to get a local operation in China as it brings our global clients closer to the market and the legal environment," he said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品成人网 | 久久精品中文字幕首页 | 91久久免费视频 | 日日噜噜噜夜夜爽爽狠狠69 | 97午夜影院 | fc2在线播放 | 国产一区二区三区在线视频 | 亚洲国产成人精品激情 | 99视频在线永久免费观看 | 中文三级视频 | 女人张开腿让男人添 | 久久精品视频一区 | 亚洲高清国产一线久久 | 深夜在线观看大尺度 | a级黄色毛片免费播放视频 a级精品九九九大片免费看 | 亚洲美女免费视频 | 国产成人成人一区二区 | 一区二区三区中文 | 精品国产自在在线在线观看 | 草久视频在线观看 | 成年人www| 亚洲好视频 | 久久久久久一级毛片免费无遮挡 | 国产成人微拍精品 | 在线播放一区二区三区 | 日本高清色本在线www游戏 | 亚洲精品在线播放 | 国产日本欧美高清免费区 | 国产一区亚洲二区三区 | 黄色三级欧美 | 精品国产一区二区三区久久影院 | 亚洲国产一级毛片 | 亚洲午夜大片 | 成人毛片免费 | 万全影院亚洲影院理论片 | 国产在线观看精品香蕉v区 国产在线观看免费人成小说 | 9191精品国产费久久 | 欧美性色xo影院69 | 免费人成在线观看视频不卡 | 伊人国产在线视频 | 男女一级 |