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ANALYSIS: Shanghai firm mergers: response to new opportunities and challenges
| Friday, 19 November 2010
Law firm consolidation is no longer a rarity today, yet several recent mergers between mid-tier Shanghai firms have caught the industry’s attention. Lawyers in Shanghai regard the recent mergers as a new trend that will shift the legal landscape, especially in terms of size of and competition between law firms.
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International alliances key to outbound M&A?
| Thursday, 23 September 2010
Domestic firms have devised many different strategies to compete with their international rivals, especially with regard to work on outbound M&A transactions. An increasingly popular one is to join international alliances and legal networks, via which law firms can promote themselves as one -stop-shop, for Chinese clients.
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Tianjin 2010: GDP driver for new legal entrants
| Monday, 13 September 2010
According to 2010 GDP numbers, the Tianjin Binhai New Area is set to displace Shanghai Pudong area. And Qu Hualin, vice president of the Tianjin Airport Economic Zone, says the BNA has scored better in all aspects economic standing – overall GDP, total value of industrial output.
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ANALYSIS: The fee gap: can international firms still charge double?
| Thursday, 20 May 2010
While local firms are moving even closer to their international counterparts in terms of breadth and quality of service, the difference in fees between the two remains wide. ALB finds out how sustainable this is, and whether the market is on the brink of profound change in this regard.
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