Lawyer (Asia) Publishes Editorial On Growth Of China Companies

Here’s the piece and link


The China Elite: How the PRC firms have grown

?Chinese business is having a growth spurt, with 95 Chinese companies making it into the Fortune 500 this year compared with six last year.

As we reveal in our first-ever China Elite 2014, the effect on the country’s law firms has been transformative. Almost all of the largest law firms in China have grown their fee-earner numbers and office networks, with Dacheng, the largest firm in Chia and Asia, growing headcount by 48 per cent in 2013.

The aim of the China Elite report is to shine a light on the firms that are not only thriving with China’s economic growth, but also the ones that are staying ahead of the curve by reinventing themselves and coming up with innovative solutions for clients.

When we published our Asia-Pacific 150 earlier this year, 35 Chinese firms were included in the list. At that point it was clear that, despite the Chinese economy starting to slow, China’s legal market would continue on its upward trajectory.

Research for the China Elite has proved this to be the case, with 57 firms in the five categories of red circle, national, city, regional and specialist featuring.

For the full lowdown on the financial performance, growth and international strategy of each of these leading firms, download the report here.

And for more on the wider Asia Pacific market, check out The Lawyer Asia Pacific 150 here.

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