On 19 September 2016, our partner Mr Eric Lui spoke in a panel workshop on Partnership Associations in Guangdong organised by the Practice Management Committee of the Law Society of Hong Kong. The panel workshop was held at the Hong Kong International Arbitration Centre.
In view of developing closer cooperation between the legal professions of Hong Kong and mainland China, the Pilot Implementation Measures for Partnership Associations between Hong Kong Law Firms and Mainland Law Firms in Guangdong Province was introduced in 2014, allowing law firms in these two jurisdictions to establish partnerships in Guangdong.
Our firm set up a Partnership JV with AllBright Law Offices in the Qianhai Modern Service Industry Cooperation Zone in Shenzhen. It becomes one of the first batch of Hong Kong law firms to receive the approval of the Guangdong Bureau of Justice to form a Partnership JV in Qianhai.
Mr Lui shared with participants in the workshop, among other topics, the benefits of forming the Partnership JV in Qianhai, the strategic importance of forming and operating such a Partnership JV, the associated challenges, and how potential conflict of interest is handled.
Please contact our Mr Eric Lui for any enquiries or further information about this event.