Red Circle (law)
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Red Circle (law)
The Red Circle ("红圈" in Chinese) is an informal term for leading law firms in China that are perceived as prestigious or high-quality, similar to the Magic Circle firms in the UK and white-shoe firms in the US. The term was first used by '' The Lawyer'' magazine in a report in March 2014, which used the term to define eight top-tier law firms in China. The eight firms include: Commerce & Finance (通商), Global Law Office (环球), Haiwen & Partners (海问)Jingtian & Gongcheng(竞天公诚), Jun He Law Offices (君合), King & Wood Mallesons (金杜), Zhong Lun (中伦), in Beijing; and Fangda (方达) in Shanghai. The list was later repeated by ''The Lawyer'' in its 2014 issue of a China-focused legal market report. Since then, it has gained wide popularity within the Chinese legal community as well as law graduates when it comes to recruitment. Although their sizes vary greatly, the Red Circle firms have much higher average revenue per lawyer (RPL), revenue per equit ...
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Law Firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought. Arrangements Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: * Sole proprietorship, in which the attorney ''is'' the law firm and is responsible for all profit, loss and liability; * General partnership, in which all the attorneys who are members of the firm share ownership, profits and liabilities; * Professional corporations, which issue stock to the attorneys in a fashion similar to that of a business corporation; * Limited liability company, in which the attorney-owners are called "members" but are not direct ...
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King & Wood Mallesons
King & Wood Mallesons (KWM) is the largest global law firm in Asia. It has 30 offices and more than 3,500 legal professionals in Europe, North America, Asia and the Middle East. Its predecessor firms include '' SJ Berwin'' of the United Kingdom's "'' Silver Circle''", '' Mallesons Stephen Jaques'', one of the " ''Big Six''" leading Australian law firms, and ''King & Wood'', one of the "''Red Circle''". History Predecessor firms Mallesons Stephen Jaques Mallesons Stephen Jaques was an Australian law firm which originated in 1832 and was one of the " Big Six" law firms in Australia. 'Mallesons' derives from the name of the predecessor firm's founding partner; Alfred Brooks Malleson. Malleson was born at Richmond Hill, on the Surrey side of the Thames in 1831. As a 25-year-old London solicitor he immigrated to Melbourne in 1856. Malleson's obituary in '' The Argus'' in 1892 recorded that his expertise was especially "in company law and in the banking business. Several of the ...
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Big Four (law Firms)
or is a term informally used in Japan to refer to those firms which, collectively, are perceived to be the largest firms headquartered in Japan and distinguished in comparison to their other competitors. The Big Four firms are: * Anderson Mōri & Tomotsune * Mori Hamada & Matsumoto * Nagashima Ohno & Tsunematsu * Nishimura & Asahi Nowadays, the term "Big Five" is also being used to include the fifth-largest firm in Japan, TMI Associates. These are leading law firms in Japanese business law practices and considered to be the top tier. "International firm" In Japanese, the term is used to refer to the Big Four firms and other Japanese law firms that specialize in international business matters. During the years immediately following World War II, several American lawyers established such firms in Japan (e.g. Anderson Mori). Japanese lawyers with international training began establishing international firms in the 1960s, and since regulatory changes in the 1990s, many Japanese l ...
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White-shoe Firm
A white-shoe firm is an American term used to describe prestigious professional services firms that have traditionally been associated with the upper-class elite who graduated from Ivy League colleges. The term is most often used to describe leading old-line law firms and Wall Street financial institutions, as well as accounting firms that are over a century old, typically in New York City and Boston. Former Wall Street attorney John Oller, author of ''White Shoe'', credits Paul Drennan Cravath with creating the distinct model adopted by virtually all white-shoe law firms, the Cravath System, just after the turn of the 20th century, about 50 years before the phrase ''white-shoe firm'' came into use. Etymology The phrase derives from " white bucks", laced suede or buckskin (or Nubuck) derby shoes, usually with a red sole, long popular among the student body of Ivy League colleges. A 1953 ''Esquire'' article, describing social strata at Yale University, explained that "White Shoe ...
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List Of Largest Chinese Law Firms
This is a list of the largest China-based law firms by revenue in 2017. See also *List of largest law firms by revenue *List of largest United States-based law firms by profits per partner *List of largest United Kingdom-based law firms by revenue *List of largest Canada-based law firms by revenue *List of largest Europe-based law firms by revenue *List of largest Japan-based law firms by head count References {{DEFAULTSORT:Largest China-based law firms by revenue Chinese Law firms A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to r ...
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Han Kun Law Offices
Han Kun Law Offices (traditional Chinese: 漢坤律師事務所; simplified Chinese: 汉坤律师事务所) is a leading full-service law firm headquartered in Beijing, China with offices in Shanghai, Shenzhen, Haikou, Wuhan, Hong Kong, and Singapore. The firm has a strong focus on financing and investment-related areas, counting multinational companies, funds, and a number of top-notch companies from new economic sectors as clients. It is known to be one of China's most-elite and top-paying law firms. In recognition of Han Kun's exceptional capabilities and leading position in the legal market, the firm was awarded "China Firm of the Year" at the China Law & Practice Awards 2021. On May 8, 2021, China Business Law Journal announced its China Business Law Awards 2021, and Han Kun was awarded the "Golden League" award. The “Golden League” comprises eight elite full-service Chinese law firms. The firm's working languages include Chinese, English, Japanese, Korean and German. H ...
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Fangda
Fangda Partners is a law firm headquartered in Shanghai, China with offices in Beijing, Guangzhou, Shenzhen and Hong Kong. It is one of the 15 largest China-based law firms measured by number of lawyers. It is one of the most profitable law firms in China measured by either revenue or profit per partner and is generally believed to be the most difficult law firm to be hired at. Fangda currently has offices in Beijing, Hong Kong, Shanghai, Shenzhen and Guangzhou. Fangda is smaller than other large law firms and has a relatively narrower focus on high-value work for high-end financial institution clients and major multinationals. While Fangda is making efforts to break into other practice areas, the firm currently focuses on mergers and acquisitions, private equity, commercial litigation and arbitration, and bankruptcy as well as the capital market. History Fangda Partners was founded in Shanghai in 1993 by six partners. Fangda opened an office in Hong Kong in April 2012, follow ...
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Zhong Lun
Zhong Lun Law Firm () is a multinational law firm headquartered in Beijing, China. It was founded in 1993 as one of the first private law firms approved by the Ministry of Justice of the People's Republic of China. Zhong Lun Law Firm currently has domestic offices in Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu, Wuhan, Chongqing, Qingdao, Hangzhou, Nanjing and Haikou, and international offices in London, Tokyo, Hong Kong, New York City, San Francisco, Los Angeles and Almaty. Name In Chinese Zhong Lun (中伦) means compliance with ethical principles. The term first appeared in the ''Analects of Confucius''. History Zhong Lun Law Firm was founded in Beijing in 1993 as a private partnership. In 1996, it merged with the Beijing-based law firm Jintong and changed its name to Zhonglun Jintong. In 2003, a group of Zhonglun Jintong partners left to set up a new firm named Zhonglun W&D. Zhonglun Jintong rebranded itself as Zhong Lun in 2008. Zhong Lun's office in Wuhan was opened i ...
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Jun He Law Offices
JunHe LLP, formerly Jun He Law Offices () is a corporate law firm headquartered in Beijing, China. JunHe is one of the first private Chinese law firms. As of 2022, JunHe has eleven offices: in Beijing (head office), Shanghai, Shenzhen, Guangzhou, Dalian, Haikou, Chengdu, Qingdao, Hangzhou, Hong Kong, New York, and Cupertino. The firm's working languages are Chinese, English, Korean, and Japanese. JunHe is a member of Multilaw and Lex Mundi. Rankings JunHe was recommended by the 2010 edition of the IFLR1000, a guide to the world's leading financial law firms, in the following areas: Clients The firm's major clients as of 2008 include(d) Citigroup, UBS, JPMorgan Chase, Deutsche Bank, Morgan Stanley, Ferrero, Motorola, Nokia, IKEA, BHP, Walmart, Nissan, Northwest Airlines, and ExxonMobil, as well as a number of local Chinese companies.Chambers Global 2008 Client’s Guide{{Verification needed, date=August 2022 References External linksJunHe homepage See also * Le ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Haiwen & Partners
Haiwen & Partners () is a Chinese law firm focused on cross-border securities, M&A transactions, private equity, general corporate and commercial dispute resolution practice. Haiwen is a fully integrated partnership with a modified lockstep compensation system. Haiwen currently has around 200 lawyers in total working at its Beijing, Shanghai, Shenzhen and Hong Kong offices. Compared with most major PRC law firms, Haiwen & Partners maintains a relatively small number of attorneys and focuses on capital market and M&A practices. Haiwen & Partners is one of the "Red Circle" law firms in PRC China. History Haiwen & Partners was founded in May 1992. The founding partners of Haiwen include Duke Law School graduate Gao Xiqing, who was the first Chinese citizen to pass the New York Bar exam and later became the President and Chief Investment Officer of the China Investment Corporation. Firm Culture Haiwen is known for its relatively mild corporate culture. As Jiping Zhang, Haiwen' ...
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Global Law Office
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., and North ...
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