近日，合伙人丁伟晓、钱晔文及律师王婉怡决定离开金茂律师事务所自立门户，创立上海欧申律师事务所。三位律师成为第二批为创建新所而离开金茂的成员。

丁律师在房地产法律领域有丰富经验，钱律师亦主要从事房地产法律业务。

Partners Ding Weixiao, Qian Yewen and associate Wang Wanyi have together left Jin Mao PRC Lawyers to set up their own firm, Ocean Law Firm, in Shanghai. The trio becomes the second group of lawyers to leave the firm in pursuit of greater things.

In 2007, nine partners also left Jin Mao PRC lawyers – to set up rival firm Jin Mao Partners.

“Admittedly a number of partners and associates have left us within the past three years. Somebody who has different practicing ethics or desires better development opportunities may select to leave from time to time, while new members are happy to be accepted by the reputable firms,” said Henry Mao, partner at Jin Mao PRC Lawyers.

Since 2008, however, the firm has replaced their losses with the promotion of three new partners, two newly hired counsels and 11 new associates. With the rebuilt team, the firm stood strong as one of the finalists for Shanghai Firm of the Year at the 2010 ALB China Law Awards. It was nominated in view of its 22 years of practice, its high rate of business activity especially in M&A, banking & finance, debt market and dispute resolution sectors, and the successful completion of the biggest litigation case (disputable amount beyond RMB3.6bn and court costs hitting RMB10m) in the firm’s history.

Jin Mao PRC Lawyers: losses and gains