Global law firm Hogan Lovells and Fujian Fidelity Law Firm have entered into a formal association in the China Free Trade Zone.
Hogan Lovells has been actively following recent developments in the Shanghai Free Trade Zone (FTZ) and becomes only the third international law firm to enter into an association in the Shanghai FTZ.
Chinese law firm Fidelity was established in 1989 and is one of the largest law firms in the Fujian province. The firm has a particularly strong track record in corporate and M&A, insolvency and liquidation, financial securities, real estate and construction, and arbitration and litigation work.
The Shanghai FTZ has been steadily attracting international banks, asset managers and associated services. J.P. Morgan Asset Management, Allianz, DBS and the Blackstone group have all set up units in the FTZ.
Strongest Networks in Asia
They currently have seven offices, including the one within the Shanghai FTZ. Hogan Lovells partners Andrew McGinty and Zhen Feng (pictured below) will be leading the relationship with Fidelity and the promotion of the joint services from the two firms to clients.
«Asia is critical to our global strategy and the Shanghai FTZ offers an exciting opportunity to expand our service offering in the region. The landscape is moving quickly there – so we need to be on the ground to cater for the increasingly complex needs of our clients in this market. We are excited about the prospects of our collaboration with Fidelity,» said Steve Immelt, CEO of Hogan Lovells.
Hogan Lovells has one of the strongest networks in Asia, with over 250 lawyers, including over 50 partners in hubs such as Beijing, Hong Kong, Shanghai, Singapore and Tokyo, and is now the fourth largest international law firm in China.
