Gaopeng is the latest domestic firm intent on expansion to take advantage of the improving economic climate to open a further office. It has announced an office launch in Nanjing, via a merger with Jiangsu Hailiang Law Firm.
Gaopeng will relocate partners to Nanjing to focus on corporate, capital markets and litigation.
The Nanjing move follows the opening of Yangzhou and Taizhou branches and completes Gaopeng’s desired expansion in the Yangtze Delta Region.
“Being a smaller local firm, Hailang needs a larger space and platform to upsize their practice. The launch of the new office recognises the need to establish ourselves in emerging regions,” said Wang Lei, the managing partner of Gaopeng.
Unlike Longan, which has just opened in Nanjing but also plans to launch new offices in Hangzhou, Ningbo, Tianjin, Chengdu and Hong Kong in coming years, Gaopeng has no immediate plans for more offices. “The timing for expansion is not so much the issue; we don’t have such elaborate plans. I believe it should happen naturally along with business flows. If there is a firm out there with a great pitch, we will not forsake the possibilities,” Wang said.
Neither is he forsaking the possibilities of expanding internationally. “Although at this time, we don’t have plans to expand overseas, we welcome international firms who are interested in establishing a presence in China to speak with us,” the managing partner added.
In the same week, Zhongyin also officially launched a new office in a prime location in Jinan. Jinan is centrally located in the Shandong and connects to the Bohai Rim region.
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