Thomson Reuters expands Practical Law service with launch in China
The scope of Practical Law, the leading provider of online know-how to lawyers worldwide, just expanded.
Practical Law China, the first legal know-how service to provide transactional support to lawyers doing business in, or with parties based in, mainland China launched yesterday. From the fundamentals of establishing a business in China, to localizing boilerplate agreements, to dealing with government merger filings and protecting IP, Practical Law China will help lawyers to work more efficiently and ultimately to mitigate risk when carrying out transactions with Chinese counterparties.
Practical Law China was created to meet the unique needs of lawyers working in one of the world’s largest target markets for global corporations and brands. It enables lawyers at multinational companies that trade with China to understand quickly where and how the practice of Chinese law differs from typical international practice, and to advise with confidence on the most common foreign direct investment deals.
Practical Law China contains more than 350 resources, including over 100 international market standard document and clause templates. Further materials include integrated drafting notes with guidance and practical tips on what lawyers need to do differently in China, practice notes, checklists, glossary of key terms and country Q&As. Users can also connect to relevant bi-lingual Chinese legislation on Westlaw China from the Practical Law resources. Chinese language materials will be developed in future rollouts.
While a significant amount of the content on Practical Law China has been authored internally by trusted legal editors, the service also includes content that has been contributed by leading international and Chinese law firms, including Beijing-based Zhong Lun Law Firm.
To learn more about the new service, please go to: global.practicallaw.com/about/china