Simplifying Complexities—The Future of Legal Practice in China
Aug 29, 2018
The opening up of China’s legal services market to international law firms in the free trade zones has brought with it the unique opportunity for clients to have access to legal advice on both PRC regulations and international law from a single source. Baker McKenzie partners Milton Cheng, Stanley Jia and Danian Zhang and partner Yingzhe Wang of FenXun Partners talk about the opportunities and challenges forming the very first Joint Operation Office between a global law firm and a Chinese law firm in the Shanghai Free Trade Zone.
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Over the past five years, the launch of free trade zones across China has led to several rounds of relaxation of restrictions on foreign investment into the country. Law firms in China have benefited from the growing demand for legal work brought about by the regulatory easing.
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