24 October 2011 – World’s largest law firm believed first major international law firm to hold partners meeting in China;
To offer seminars on out-/in-bound transactions: compliance, regulatory and post-acquisition issues.
Beijing, China, 24 October 2011 – Baker & McKenzie, the world’s leading global law firm, will hold its Annual Partners Meeting in Beijing this week, becoming the largest major international firm to choose China as the venue for its yearly global partners meeting. A primary focus will be on the key role of the legal sector in supporting rapidly accelerating outbound investment by Chinese companies.
“As Chinese firms become increasingly active globally, understanding the complex commercial and regulatory systems across borders as well as the pitfalls of the international arena will be essential to the success of their business expansion strategies,” said Eduardo Leite, Baker & McKenzie’s Chairman of the Executive Committee.
Mr. Leite noted that Baker & McKenzie lawyers have been providing advice and training in China since 1981, when the China Council for the Promotion of International Trade Building invited a young Baker & McKenzie partner to arrange a series of lectures on commercial law issues for Chinese business persons dealing with foreign business executives.
“Since the earliest days of China’s economic resurgence, we have been active and committed to helping Chinese companies achieve their international aspirations, and we continue to provide our clients in China with legal advice to navigate an increasingly complex and global legal environment,” Mr. Leite added.
Currently, Baker & McKenzie represents leading Chinese firms in cross-border transactions and has advised multinational corporations on their inbound China investments for many decades.
The Firms’ Annual Meeting will run from 24 October to 29 October 2011. It will be led by Mr. Leite, Chairman of the Firm’s Asia Pacific Regional Council Jeremy Pitts, Managing Partner for Hong Kong, China and Vietnam Poh Lee Tan, the Managing Partners of the Firm’s offices world wide, its practice and industry group leaders, and the heads of major client teams.
The Annual Meeting is both a “family reunion” and a “think tank” where the Firm’s best legal minds exchange ideas to ensure that clients benefit from world best practice as Chinese and international companies seek to maximize growth opportunities and mitigate risk when expanding in markets beyond their home countries.
A number of Chinese companies and dozens of longstanding multinational clients have been invited to participate in meetings and conferences held during the six-day Annual Meeting. Topics will include several issues that Chinese clients have identified as major concerns, including corporate compliance, regulatory issues and post-acquisition integration.
Additionally, Baker & McKenzie will conduct sessions on inbound and outbound investments and related topics in Shanghai, Chongqing and Hong Kong.
The Firm’s Annual Meeting is the largest in the world among law firms, with an expected 600+ partners, dozens of clients, and more than 500 family members and significant others attending from the Firm’s 69 offices in 41 countries. Nearly 300 separate meetings will be held.
During the period of the meeting, Baker & McKenzie will literally operate from Beijing, using advanced technologies to keep the Firm’s partners and executives in touch with their legal staff and clients world wide on a 24/7 basis. The meeting has been more than a year in planning.