London’s reputation as the world’s financial centre is set to be enhanced by the City’s only Chinese law firm Zhonglun W&D making a groundbreaking recruitment move.
The Chinese firm is looking to reverse the trend of UK firms plundering Chinese talent with the hire of Lovells senior associate Emily Wang, who will join Zhonglun as a partner later in the summer. Prior to joining Lovells, dual-qualified Wang practised in China for five years.
Wang’s hire, along with two as-yet unnamed lawyers, will bring the firm’s London office capability up to seven solicitors.
Haibin Xue, managing partner of Zhonglun’s London office, said the new recruits form part of just a handful of solicitors who are Chinese and English dual-qualified.
Xue said: “Emily’s experience of working in a top City firm will bring Zhonglun the discipline and quality management to ensure the firm provides its clients with the highest standard of legal services.”
Xue added that the trio of hires will not be the end of the Chinese firm’s recruitment spree. “With the ever-increasing Chinese elements involved in cross-border commercial transactions we envisage that we’ll at least double, if not triple, the size of our firm by this time next year,” explained Xue.
The firm, which opened in London four months ago, is looking to take advantage of the fact that UK business is ramping up operations in China.