Govt provides cross-border training for lawyers
Updated: 2015-07-07 07:39
By Zhang Yan(China Daily)
|
|||||||||
Additional training is being offered to lawyers specializing in cross-border lawsuits to expand their presence in an area dominated by foreign competitors.
Ninety-nine top lawyers from across the country are attending a 15-day special training workshop on cross-border lawsuits at the Tsinghua University School of Law, said Zhang Xuebing, deputy director of the All China Lawyers Association.
The training is supported by the Justice and Finance ministries.
During the training, leading domestic law experts will teach courses on such subjects as overseas investment, multinational mergers and acquisitions, intellectual property protection, anti-corruption and overseas law relating to development banks joining the One Belt, One Road initiative.
Partners from foreign law firms will analyze typical cases and share practical experience with their Chinese counterparts about how they have handled transnational litigation.
According to He Yong, deputy general secretary of the Chinese lawyers' association, many national enterprises have looked abroad in recent years for multinational mergers and acquisitions - the result of global economic integration - so it's inevitable that the number of cross-border lawsuits would rise sharply.
For example, some developed countries might engage in trade protectionism by creating trade barriers and making accusations of dumping and subsidies by developing countries, he said.
Ministry of Justice data show that, since 2011, China has been the target of such allegations in more than 300 cases, the most of any country. The amount of money involved reached 341 billion yuan ($55 billion).
According to the association, there are more than 270,000 professional lawyers in about 20,000 law firms in China. About 30,000 lawyers deal with transnational litigation.
China's transnational law services have developed rapidly and have been playing an active role in attracting foreign enterprises to invest in the country, as well as helping Chinese companies engage in mergers and acquisitions abroad, Zhang said.
"But there is a lack of senior Chinese lawyers who specialize in cases involving foreign entities, especially for high-end transnational lawsuits. US and European lawyers have monopolized 80 percent of such cases," he said.
He Yong said the 99 lawyers attending the workshop at Tsinghua were recommended by provincial lawyers associations. They will take an examination after the training, and some will been chosen to go to law schools and large law firms in the US to study as interns for several weeks.
The training program was launched in 2013. In its first year, the association organized two special trainings for 195 lawyers nationwide. Eighty-four of them were chosen to go to Europe to study and work in local colleges and law firms to accumulate more experience.
Xu Jiansheng, a lawyer at Xiamen Shili Law Firm in Fujian province, said that "it's more than necessary to offer such a special training to help us broaden our horizons and improve our professional capabilities".
zhangyan1@chinadaily.com.cn
(China Daily 07/07/2015 page4)
- Injured ROK tourists in intensive care
- 36 dead, 26 missing after banca capsized in C. Philippines
- Thai navy plans to buy three Chinese subs
- Mass casualties in Indonesian military plane crash
- Japan's LDP lawmaker denounces Abe's security policies
- More than 100 feared dead in Indonesian military plane crash
- Ten photos you don't wanna miss - weekend special
- US beat Japan 5-2 to win Women's World Cup
- Veterans of World War II honored
- The world in photos: June 29 - July 5
- Top 10 most expensive cities in the world
- Italian designer tailors success in China
- People take part in Independence Day parade in Washington
- Unusual heat wave sweeps across Europe
Most Viewed
Editor's Picks
Seventh China-US strategic dialogue |
Premier Li embarks on Latin America visit |
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Spring Festival trends reflect a changing China |
Today's Top News
China measured in response to Clinton hacking claims
Chinese stocks struggle to maintain rally in afternoon
Greece enters uncharted territory after referendum 'no' vote
Chinese embassy warns travelers to be careful in Turkey
China nominates Jin Liqun AIIB's president-designate
For PetroChina, move to Houston pays off
China-France ties 'benefit all'
Concern over US military strategy
US Weekly
Geared to go |
The place to be |