Yuan Da(元达) law firm news

Pursuant to the passing of the People’s Mediation Law in August this year, Shanghai is preparing for the launch of the Shanghai Commercial Mediation Center to provide businesses with another avenue to resolve their disputes.

为解决日益增长的商事纠纷提供便利，上海市经贸商事调解中心经上海市商委、上海市社团局批准，将于2011 年1 月举行成立大会。

With various regulators stepping up enforcement actions and taking a firm hand with companies that fail to comply with the law, businesses are paying increasing attention to compliance issues.

The past few years saw a significant increase in the number of tort-related cases. As the new Tort Liability Law becomes effective on 1 July 2010, lawyers are expecting another surge

The legal fraternity expects the gradual appreciation of the RMB will have a modest positive impact on the legal services market, ALB reports.

中国人民银行上月宣布，决定进一步推进人民币汇率形成机制改革，增强汇率弹性。国内外律师事务所合伙人对二次汇改将给跨境法律服务业带来的影响表示相对乐观。

Lawyers are expecting a surge in tort-related litigations as the new Tort Liability Law becomes effective on on 1 July 2010.

我国首部《侵权责任法》将于今年7月1日起正式实施，业界人士预计，该法的实施将促使国内诉讼案件数量大幅增加。

Ten firms have been voted the best domestic and international law firms to work for in PRC, according to ALB's Employer of Choice 2010 survey.

本年度的“ALB最佳雇主” 调查结果现已揭晓。十家国内外律所被律师们评为2010年最理想的雇主。

The Shanghai expo, themed “Better City, Better Life”, is expected to attract between 70 and 80 million visitors and will be a significant event for Shanghai. Aside from the opportunities brought by the World Fair, the city remains a key focus for international and domestic law firms.

Liquidity is once again available for companies looking to develop leisure assets in Asia, as Sands China has demonstrated with its recent US$2.5bn listing on the Hong Kong Stock Exchange.

Dacheng has opened a branch office in Los Angeles and entered into a strategic alliance with Matthews Wilson and Hunter, a boutique California law firm.

The global financial crisis has not diminished law firms’ passion for the country’s most cosmopolitan and fast-paced city. Rather, it provides a timely opportunity for ambitious firms in this up-and-coming financial centre to prepare for a new wave of competition. ALB China investigates

Perhaps most surprising in the current global economic climate is that PRC firms continue to lure lawyers with international backgrounds to address the growing demand for international legal specialists to deal with cross-border work.

Shanghai-based MWE China Law Offices has appointed nine new partners, including three external hires from international firms.

ALB China identifies the 10 rising stars worth watching in the years ahead.

Since news spread of Rio Tinto's latest A$30bn deal with Chinalco, ALB has confirmed that Mallesons Stephen Jaques' Peter Cook is acting for the Chinese state-owned steel maker.

Right in the thick of the global financial crisis Allens Arthur Robinson, Freehills and Sullivan & Cromwell have successfully pulled off a A$2.5bn capital raising for Westpac. Could this be an early sign that other banks may follow suit?

Allens Arthur Robinson, Blake Dawson, Mallesons Stephen Jaques and Sullivan & Cromwell have confirmed they are acting on British Airway's proposal to merge with Qantas Airways (A$10bn).