Hot on the heels of recent high-level appointments in Hong Kong, international law firm Stephenson Harwood announces that it has entered into an association with independent Chinese law firm Wei Tu under the CEPA* arrangements. The association will be called “Stephenson Harwood – Wei Tu (China) Association”.
The association will allow Stephenson Harwood to offer clients a ‘one stop service’ for Hong Kong, English and PRC law advice (with the PRC advice being offered by Wei Tu). Based in Guangzhou, Wei Tu is led by Xianming Lu, who formerly worked for Stephenson Harwood for a number of years.
Voon Keat Lai, Stephenson Harwood's Managing Partner of Greater China, comments:
“This Association is an important step forward in responding to our clients’ needs. In choosing the firm with which to partner, one of our fundamental priorities was to ensure that clients could confidently expect the same standards of advice and service as they would from Stephenson Harwood. Xianming Lu is in a strong position to do this, having worked for the firm for a number of years previously.”
Xianming Lu, Managing Partner of Wei Tu, comments:
“The Wei Tu team and I are looking forward to this new association, and to working with Stephenson Harwood to further build on their client offering in the region. Our businesses share common goals and a complementary approach to client care, and so forming this association with Stephenson Harwood was a natural choice.”
Xianming Lu is particularly experienced in cross-border financing transactions. His team is experienced in various fields, notably corporate, foreign investment, banking, finance, commercial litigation, employment and marine and international trade. Wei Tu's clients include banks, all types of enterprises, and individuals.
Already in 2016, Stephenson Harwood has appointed partners Richard Wilmot from the Hong Kong office of Watson, Farley & Williams, and King Tak Fung and Ivan Ng from Eversheds in Hong Kong.
This new association marks another step in the development of the firm’s presence in the region.
* Wei Tu (a PRC law firm registered in Guangzhou) and Stephenson Harwood (a law firm registered in Hong Kong) are in a CEPA association under the name “Stephenson Harwood - Wei Tu (China) Association”. CEPA (Closer Economic Partnership Arrangement) is a free trade agreement concluded between Mainland China and Hong Kong. Under CEPA, Hong Kong based law firms are permitted to operate in association with Mainland Chinese law firms to provide comprehensive legal services in Mainland China governed by Chinese and non-Chinese laws.