Fangda Partners has announced its biggest promotion to date of 18 partners, covering corporate business, real estate and construction, antitrust and dispute resolution practice areas.
“This promotion is part of Fangda’s long-term growth strategy,” Michael Han, the recently elected chairman of the firm’s management committee, told China Business Law Journal.
Han said the firm had experienced stable growth in recent years, and he was confident of growing the business despite the impact of the pandemic, adding the firm had invested heavily in talent development.
“We have a group of outstanding young lawyers, so we feel that we must show our confidence in them and give them more opportunities,” he said. “Under the circumstances this year, the clients’ expectations from external lawyers have increased. They hope to get the best service from our law firm.”
Aside from the June promotions, Fangda had elected a new management committee, comprising seven partners, at the end of April. The move followed the resignation of previous management committee and senior partner, Jonathan Zhou, on 15 April.
Han said his role as incoming chairman would be to “keep the firm growing by building on its strong foundation”. He said that after recent changes, he hoped Fangda would transition into “an international firm”.
Although the management committee is still finalizing the development direction for the firm, Han said: “Our strategy is to be a top-tier Chinese corporate and commercial law firm that serves clients from home and abroad, and specializes in handling the most complex cross-border deals and commercial disputes.”
Fangda will adhere to its internationalization strategy, including strengthening its Hong Kong office. The firm plans to introduce more lawyers with international exposure to better serve its customers with global needs. Fangda currently has 141 partners.