King & Wood: Difference between revisions

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| headquarters = Beijing, China
| num_offices = 16
| num_attorneys = 800830
| practice_areas = General Practice
| date_founded = 1993
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'''King & Wood PRC Lawyers''' is among the first [[law firms]] established when law firms were repermitted in the People’s Republic of [[China]] during the modern era and is now the country’s largest with 190200 partners and 800830 fee earners. In 1993 King & Wood’s founding partners were still working with a state-sponsored organization, the [[China Council for the Promotion of International Trade]], when the central government permitted private ownership of law firms allowing them to create the firm.
To advance its policy of market-based reforms in the 1980s, China had adopted foreign approaches to legal regulations, particularly in the area of [[commercial law]]. For example, the [[Sino-Foreign Equity Joint Venture Law]], the first law governing foreign investment, was passed in 1980. Since then, more than 300 laws and regulations, most of them in the economic area, have been promulgated. To meet increasing growth in the sophistication of [[Chinese law]], Chinese firms began to incorporate in the late 1980s to meet demand for domestic legal services. King & Wood was among the first private law firms among a cohort of [[Commerce & Finance Law Offices]], [[Fangda Partners]], [[Haiwen & Partners]], [[Jun He Law Offices.]] and [[Lehman, Lee & Xu]]. These early firms have since grown to become the largest domestic law firms in China handling most of the nation’s domestic commercial legal work. The name of the firm is an example of Western-oriented marketing by a Chinese firm. There is no "Mr. King" or "Ms. Wood" among the founders of the firm, the names having been chosen for their "ear appeal" among prospective Western clients. The corresponding portion of the Chinese name, is 金杜 ("jin du").