The PRC/HK CEPA: What's on Offer for Hong Kong Law Firms?

| BY

clpstaff &clp articles

The quality of legal services is among the most attractive assets that Hong Kong can offer. How can Hong Kong's law firms and lawyers benefit from the new opportunities offered by the Mainland/Hong Kong Closer Economic Partnership Arrangement?

By Susan Lavender , Solicitor , Dibb Lupton Alsop, Hong Kong

In legal services, concessions given under the Closer Economic Partnership Arrangement (CEPA) transcend those that will eventually become available generally under the PRC's WTO timetable. Here we see that CEPA is not entirely a Cinderella package that will evaporate completely at the stroke of midnight. Some things are given to Hong Kong entities and individuals that will endure beyond the timetable of the PRC's WTO commitments. Nevertheless, the extent to which these concessions will benefit Hong Kong's foreign law firms and lawyers, even those with long-standing roots here, is not yet clear.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]