another-global-law-firm-enters-the-china-market

Another global law firm enters the China market

Weil Gotshal expands its Asia presence by opening a new office in Beijing.
Global law firm Weil, Gotshal & Manges has received a license from the Chinese government to open a new office in Beijing, the firm's third location in Asia and the second office to open in the region in the past 12 months.

Weil Gotshal's expansion in Beijing highlights the firm's ever greater participation in transactions involving both Asia-based clients and clients located elsewhere with significant business interests in the Asia-Pacific region.

"This is a natural step forward for our law firm," says chairman Stephen Dannhauser. "Beijing is a market we've long contemplated as a necessary complement to Hong Kong and Shanghai."

The Beijing office will focus primarily on M&A and private equity matters and will enhance the firm's transactional capabilities in the Asia-Pacific region. Steve Xiang, who leads the firm's China practice, will head up the Beijing office and be joined by newly promoted partner Kevin Ban as well as counsel Yan Yang and a team of associates and assistants.

With the Beijing opening, Weil Gotshal now has 20 offices, half of which are located outside of the United States. The firm opened its first international office in 1991.
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