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China's Han Kun Switches Hong Kong Association
Capital markets specialist Miao & Co has replaced intellectual property boutique Choy, Cheung & Co as the local partner firm.Law Firms Pressured to Serve China on the Cheap
China has become a buyer's market for legal services. U.S. attorneys in China agree that the pressure to discount their fees is strongest in areas where everyone is eager to grab a share, such as capital markets and M&A. Vying for these projects can be extremely competitive, with many Chinese clients adopting the beauty contest approach. But they're not always as savvy as U.S. clients in researching a firm's reputation and expertise.Law Firms Pressured to Serve China on the Cheap
China has become a buyer's market for legal services. U.S. attorneys in China agree that the pressure to discount their fees is strongest in areas where everyone is eager to grab a share, such as capital markets and M&A. Vying for these projects can be extremely competitive, with many Chinese clients adopting the beauty contest approach. But they're not always as savvy as U.S. clients in researching a firm's reputation and expertise.Chinese Law Firm With Silicon Valley Office Looks to Partner Up
James Zhu, a partner with the Chinese law firm Jun He, has been busy setting up an office in Palo Alto, Calif., which opened last May. Zhu has been meeting with attorneys from several U.S. firms with the goal of creating partnerships to serve clients in both Silicon Valley and China.Law Firms Pressed to Serve China on the Cheap
China has become a buyer's market for legal services. Earlier this year, lawyers there were trading tales about a Western law firm that had agreed to handle an IPO for $100,000 - about a tenth of what such work would usually run, says Greenberg Traurig's Jinshu John Zhang.Trending Stories
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