In the past decade, legal know-how and information services have changed the way lawyers work in London, New York and other key Western markets. By smart use of these external providers, firms and law departments have been able to save hours of time when searching for answers or drafting documents, and to reduce spend on knowledge management.

Now with the launch of Thomson Reuters’ new Practical Law China know-how service, the first of its kind to provide transactional support to lawyers doing business in China, the trend looks set to take off in Asia.

In this special report, Peter Davies, a Practical Law China editor, discusses what legal know-how is and the opportunities it brings for lawyers, how law firms and local in-house counsel are increasingly turning to specialist providers for it and why the trend is likely to continue in Asia.

Read it in full here.

Case study: China inbound M&A transaction

Practical Law China’s know-how resources are designed to help lawyers work more productively and navigate the challenges of the 21st century Chinese legal market. But what does this mean in practice?

In the stage-by-stage case study, Peter Davies demonstrates how Practical Law China resources can help a law firm to advise on the acquisition of a domestic Chinese company for a foreign client, from the initial engagement through to completion.

Click here to read the case study in full.

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