Legal market not yet ready for limited liability partnerships

New rules concerning the establishment of local law firms and lawyers' practice have opened the door for partnerships. But limited liability partnership – the type that lawyers had been hoping for – is nowhere to be seen in the rules.

16 minute readNovember 10, 2008 at 11:58 PM

clpstaff

& clp articles

After almost 20 years of regulatory reform, China's legal market has been steadily progressing. Local law firms continue to expand, while new firms are becoming established in different provinces. To cope with such developments, the government has been taking an active regulatory approach.

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