The Law Gazette Reports…
Chinese firm AllBright Law Offices will open a London-based office, its first outside China, the Gazette can reveal.
The firm, which has 16 offices across China, has a team of nine lawyers in the UK this week exploring potential locations with a view to setting up an office before the end of the year.
Speaking to the Gazette, Yu Bingguang , partner at the firm’s Shanghai office, said a resolution was passed earlier this year by the firm’s 370 partners and was later confirmed by its executive committee.
It is not known yet exactly what form the new office will take but AllBright is considering the possibility of joining forces with an existing UK firm.
Yu said: ‘We want to consolidate our strong position in China as clients are increasingly demanding cross-border legal services’.
He added that the decision to set-up a London office had been in the pipeline since before the EU referendum but that the vote to leave presented an ‘opportunity’.
