The numbers around China’s One Belt, One Road (OBOR) proposal are staggering. In total, it encompasses 65 countries in Asia, Europe and Africa, covering a total population of 4.4 billion people and total GDP of $21 trillion. As the government looks to expand trade between China and other OBOR countries to $2.5 trillion within a decade, Hong Kong has emerged as a key part of the jigsaw. We speak to lawyers in Hong Kong about the kind of legal work OBOR will bring, and how they are preparing for it.
Additionally, we have a chat with Simon Beswick, the global CEO of Osborne Clarke, about how the firm’s recent expansion into China fits into its global strategy. And finally, we profile a promising legal-tech startup called Lexcarts, which offers a lawyer-search platform.
This week’s ALB Insights featured the following:
- Law firms in Hong Kong prepare for influx of OBOR work
- Osborne Clarke: ‘Mainland China is a strategic move for our business’
- ALB Hot Startups: Lexcarts Technologies
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Law firms in Hong Kong prepare for influx of OBOR work
The top financial centres of the world, especially Hong Kong, are eager to take part in China’s $1 trillion infrastructure investment project. Lawyers tell John Kang what work they’re expecting to do and how they’re preparing.
Osborne Clarke: ‘Mainland China is a strategic move for our business’
Earlier this month, Osborne Clarke (OC) announced its tie-up with Shanghai firm Zhang Yu & Partners, giving the UK firm its first base in mainland China. Simon Beswick, OC’s international CEO, tells John Kang about China’s role in the firm’s strategic outlook.
ALB Hot Startups: Lexcarts Technologies
ALB Hot Startups is a weekly series that looks at the most promising new legal-tech companies in Asia. This week, ALB casts its eye on Lexcarts, which offers a lawyer-search platform. By Raj Gunashekar