EY acquires Shanghai law firm

Accountancy giant is pushing into legal services in China through the acquisition of Chen & Co, founded in 1998 by Frank Chen.

feiyuezhangjie

Mr Chen had worked briefly for Slaughter and May in London and for a legacy firm of Herbert Smith in Hong Kong. His firm now has seven partners and a total of more than 40 lawyers. It extends to a branch office in Beijing and a liaison office in Hong Kong. A particular strength is its advice work to private Chinese companies for IPOs and listings both at home and abroad. 

Deloittes

Deloitte is the only other member of the accountancy Big Four to have a Chinese legal arm. It built up the Shanghai-based practice by recruiting from other firms. Source: The Lawyer

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