Top Domestic Law Firms in Beijing
In 2010, the number of law firms in Beijing hit 1,486, earning RMB11.3 billion Yuan in total. The biggest earners include 26 with more than 100 million Yuan operational revenue and 207 with more than 10 million Yuan. The number of licensed lawyers increases by 1,722 to 22,937. These leading firms are also gulping market shares across the whole country quickly. The following are the big players.
King & Wood
King & Wood is the biggest earner in China in 2010 with an amazingly high operational revenue of more than 700 million Yuan. It is widely applauded as the best domestic law firm in China with unrivaled competitiveness in multiple areas, brilliant teams and global perspective. Established in 1993, it is one of the first partnership law firms approved by Chinese Ministry of Justice in China. Headquartered in Beijing, it has branches in 12 mainland cities in China and Hong Kong, Tokyo, Silicon Valley and New York. In 2003, King & Wood obtained membership of Pacific Rim Advisory Council (“PRAC”) and World Law Group as the only law firm in China. In Sep. 2011, it is awarded as “Beijing Regional Firm of the Year” by China Law & Practice. Its strong practice areas include: banking, project finance, FDI, general corporate, securities, M&A, international trade, and dispute resolution.
Jun He
Jun He is widely recognized in brand building and human capital management in the industry. It is positioned to provide superior legal services in commercial transactions and disputes. It is established in 1989 as one of the first private law firms in China and has more than 400 lawyers and 9 offices in Beijing, Shanghai, Shenzhen, Guangzhou, Dalian, Haikou, Hong Kong, New York and Silicon Valley. It can provide services in Chinese, English and Japanese. The practice areas include: Foreign Direct Investment, Mergers and Acquisitions, Securities and Capital Markets, Banking and Finance, Infrastructure and Project Financing, Real Estate and Construction, Intellectual Property, Telecommunications, Media and Technology, International Trade, Mining and Natural Resources, Labor and Employment, Entertainment and Sports, Dispute Resolution, Tax and Customs Practice, Private Equity and Venture Capital, Overseas Investment, Bankruptcy, Anti-trust and Competition.
Zhong Lun
Zhong Lun features a strong growth momentum. It hit the market with several influential projects in 2010 and earns more than 300 million Yuan. Established in 1993, it has grown to be one of the largest full-service law firms in China. Currently it has offices in Beijing, Shanghai, Shenzhen, Guangzhou, Wuhan, Chengdu, Tokyo and Hong Kong and has 180 partners and over 500 professionals. The practice areas include: Real Estate and Construction, Corporate Financing and Capital Markets, Mergers and Acquisitions, Private Equity and Venture Capital, Foreign Direct Investment, Banking and Finance, Structured Financing and Securitization, International Trade and WTO, Technology, Media and Telecommunications (TMT), Intellectual Property, Bankruptcy and Corporate Reorganization, as well as Dispute Resolution.