Baker & McKenzie, FenXun Win Approval for Shanghai Law Venture
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Baker & McKenzie, the world’s largest law firm by revenue, and Beijing-based FenXun Partners won approval for the first joint office in the Shanghai free trade zone that will advise clients on both international and Chinese law.
The office was licensed today and will serve as an example for the development of China’s legal services industry, the Shanghai justice bureau said in a statement Tuesday.