Regulation & Law

Hogan Lovells and Fujian Fidelity Law Firm Hook up Under SFTZ Rules

Following Baker & McKenzie and FenXun Partners, and Holman Fenwick Willan (HFW) and Wintell & Co, Hogan Lovells and Fujian Fidelity Law Firm have become the third “couple” created under the Shanghai Free Trade Zone rules.

Following Baker & McKenzie and FenXun Partners, and Holman Fenwick Willan (HFW) and Wintell & Co, Hogan Lovells and Fujian Fidelity Law Firm have become the third “couple” created under the Shanghai Free Trade Zone rules.


Hogan Lovells has entered into a formal association with China’s Fujian Fidelity Law Firm, making it the third international law firm to take advantage of the Shanghai Free Trade Zone’s (SFTZ) pilot program that enables international firms and Chinese ones to set up joint operations and offer legal services jointly to clients.

 

Hogan Lovells has one of the strongest networks in Asia, with over 250 lawyers, including over 50 partners, based in eight offices in Beijing, Hanoi, Ho Chi Minh City, Hong Kong, Shanghai, Singapore (as a joint law venture with Lee & Lee), Tokyo, and Ulaanbaatar. It has recently also established a presence in Australia and Indonesia, the latter through an association with Dewi Negara Fachri & Partners (DNFP).

 

Established in 1989, Fujian Xiamen Fidelity Law Firm is one of the largest law firms in the province of Fujian with a team of around 160 lawyers and seven offices, including one in Shanghai. It provides a wide range of legal services in areas such corporate, commerce, foreign investment, intellectual property, finance, securities and Taiwan-related civil affairs.

 

The association has been approved and is now effective.

 

International law firms are taking different strategies in China, which is a complex legal market. To read in depth: China: Reshuffling the deck.

 

 

J.Y.

 

Photo: Source=Trabajo propio, Own work |Author=michel_r

Read the full Special Report: China: Game Changing

The growth story of China’s legal and financial industries is both a product and a testimony of this country’s continuous economic transformation: nascent but fast-growing, vastly different from a decade ago and still rapidly changing. The game has started, and faced with various issues, both international and domestic firms are constantly responding, rethinking, reshaping, readjusting… To survive and thrive, they need to master the fine art of balance between growth and profitability, expansion and quality control, opportunities and risks.
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