San Francisco/Palo Alto, CA, May 1, 2007 – LAWFUEL – The Law Jobs Newswire – Baker & McKenzie lawyers from Beijing, Hong Kong, Shanghai, Chicago, San Francisco and Palo Alto offices today hosted their annual China Update seminar in Silicon Valley to advise multinational corporations on the latest legal developments and their impact on doing business in China.
The focus of this year’s China Update is “China’s Ever-changing Face: Latest Developments.” More than 170 corporate executives, legal counsels, tax and finance managers, and operation and business development managers representing over 85 multinational companies attended. Baker & McKenzie lawyers led plenary discussions regarding new China legislation and developments in M&A, corporate compliance and governance, tax, employment and equity awards, and intellectual property issues. In breakout workshops, the Firm’s lawyers also explored China, U.S. and cross-border dimensions of four topics in depth: Chinese dispute resolution, negotiating Chinese contracts, tax structuring for operations in China under China’s new tax laws, and employee mobility in and out of China.
“Clearly, China is of great interest to our clients. Things are changing rapidly in China and our clients know that it is important to keep updated,” said Allan Marson of the Baker & McKenzie Palo Alto China desk. Peter Engstrom, managing partner of the San Francisco and Palo Alto office commented, “It is both professionally and personally satisfying to be able to share our knowledge of cutting-edge Chinese legal developments. “
The annual China Update will also be presented in three other U.S. cities: New York on May 3, which will feature keynote speaker Stephen Long, former CEO of Citigroup Corporate & Investment Bank, Asia; Chicago on May 4; and a half-day event in Washington, D.C. on May 8.
“In today’s ever-changing global business environment, Baker & McKenzie is dedicated to providing our clients with a unique mix of international know-how and local insights, so that they are aware of the latest legal developments around the world, and can succeed in such a global economy,” said David Hackett, Baker & McKenzie’s North American Managing Partner.
Baker & McKenzie has three offices in China (Hong Kong, Beijing and Shanghai), as well as a China desk in Palo Alto, California. Currently, the Firm has more than 100 attorneys in its China practice, going back to 1974 when it first established its presence in Hong Kong.