Selecting Professionals

Should You Engage Chinese Professional Service Firms?

- Carson Block, China Primer
 
In speaking with new foreign investors, I have observed that many of them believe that they have no choice but to pay the high fees of foreign professional service firms (i.e., consultants, attorneys, accountants, etc.), in China. They are afraid that Chinese firms’ practice standards are inferior to those of the foreign firms. In reality though, Chinese service firms can offer cost and other advantages over Western service providers in China.

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How to Choose a Law Firm in China

- Lefan Gong, Zhong Lun Law Firm

How should a foreign investor approach retaining legal counsel in China?

Companies should not rely on the name of the firm. In China, having a globally-recognized brand does not ensure quality legal service. Regardless of whether a law firm is Chinese or foreign, it can have partners who are too new to China to understand it; conversely, it can have partners who are China dinosaurs and who lack the knowledge and skills to execute cutting-edge deals. Thus, investors should focus on the individual attorneys who will deliver the work. The attorneys should be experienced, energetic, articulate, and current on developments. It is best to start by getting recommendations, rather than looking at firm brochures and websites. Before making any decisions, investors should thoroughly interview several different attorneys.

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Controlling Legal Costs by Buying Prepackaged Legal Plans

- Logic Legal

Prepackaged legal plans are an innovative and cost-effective solution for a company’s legal needs in China. The prepackaged plan model is simple: A company pays a manageable annual fee. In return, it receives access to and on-demand services from English-speaking lawyers in China who are qualified to practice Chinese law.

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