Herbert Smith Freehills recently gained approval from Shanghai’s Bureau of Justice to establish a joint operation with Kewei Law Firm.
The firm becomes one of only six international law firms permitted to set up a joint operation model in the Shanghai Free Trade Zone.
The joint operation will be known as Herbert Smith Freehills Kewei. It integrates international and PRC legal advice, initially in cross-border M&A, corporate, banking and finance, disputes, competition, capital markets and financial services regulatory.
Established in 1995, Kewei Law Firm is led by founding partner Xu Wenbao, partner Stanley Xie and international partner Gavin Guo. “Kewei Law Firm has been recognized as a pacesetter for high-quality service in the Shanghai legal sector for many years,” said Xu.
“As founder, I’ve been pleased to witness every success of the firm to date, and am excited about this latest development onto an international platform.”
Justin D’Agostino, Asia executive partner at Herbert Smith Freehills, said the licence for the joint operation “will transform our business on the mainland, and signals our long-term commitment to China”.