These are heady days for Shanghai. Through October, the biggest, most expensive world’s fair ever mounted is showcasing the city as a capital of industry, commerce, and culture. Its skyline, already a potent image of China’s economic rise, recently welcomed the second-tallest building in the world, and is awaiting the third-tallest. Later this year, the Shanghai stock exchange is expected to open to foreign listings, bolstering the city’s status as a financial center that many expect to challenge Hong Kong and, eventually, London and New York.
But when it comes to China’s legal profession, Shanghai is trailing. The biggest and most prestigious Chinese law firms are almost all based in China’s capital, Beijing. Top Beijing firms such as King & Wood and Jun He Law Offices count as many as 800 lawyers, have offices across China, and have begun looking abroad. Beijing also hosts the country’s high-end boutique firms, such as Haiwen & Partners.
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