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eehills to offer legal services in Shanghai Pilot Free Trade
United Kingdom-based Herbert Smith Freehills said on Wednesday that it has be 阿拉爱上海女神会所
come the sixth international law firm to be given approval to operate in the Shan
ghai Pilot Free Trade Zone after joining hands with Shanghai-based Kewei Law Firm.
阿拉爱上海女神会所As part of the joint operations, the two law firms will provide legal advisory services to int
ernational and Chinese companies in sectors like cross-border mergers and acquisitions, corporate affa
irs, banking and finance, disputes, competition, capital market and financial regulation. 阿拉爱上海
In December 2014, the Shanghai Municipal Bureau of Justice released two regulations whic
阿拉爱上海h gave the green light to the joint operations model. Under this, a foreign law firm and a Chinese law firm can
send their lawyers to each other’s offices as legal consultants. Such a business model is only allowed within the Sh
anghai FTZ at present, and at least one law firm should be geographically operating in the FTZ.
Based on the current regulations in China, the representative offices 阿拉爱上海女神会所
of foreign law firms can only provide information explaining the influence of th
e Chinese legal environment. They are not allowed to provide judicial interpretations in the country.
阿拉爱上海May Tai, managing partner of Herbert Smith Freehills in China, said th
e joint operations model will allow Kewei to undertake legal work for Herbert Smith Fr
eehills within the permitted business boundaries for foreign law firms in China. 阿拉爱上海女神会所
The current joint operation is not the first of its kind for Herbert Sm
ith Freehills. The London-headquartered law firm has also been working with H
iswara Bunjamin and Tandjung in Indonesia in a similar fashion for the last 15 years.