Page 36 - 月刊 2024第3期 7月
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II. The Status Quo and Basis of Cooperation of Hong Kong Legal Practitioners in the GBA



           of Hong Kong. To strengthen the implementation of international standards, they propose setting up a special

           working group and the implementation of clear annual audit review arrangements. They also recommend the
           establishment of committees within the lawyers’ associations to improve the effectiveness and transparency of

           the legal profession, and to ensure that the legal services in the GBA meet international standards.


           (c) Objective conditions for legal service cooperation


               First, setting up offices in the Mainland or partnership associations with Mainland lawyers can bring many

           benefits. The most obvious advantage is that it can strengthen the connections with Mainland lawyers, which
           helps to establish regular communication channels and deepen the cooperation with Mainland lawyers. It would

           also promote the sharing and learning of professional knowledge through organising legal seminars and training
           courses. Secondly, it expands the service scope and client base, tapping into the Mainland business segment.

           Setting up offices or partnership associations not only help open up new service areas such as Mainland mergers
           and acquisitions and legal consultations, to provide more comprehensive legal services, it also facilitates Hong

           Kong law firms to formulate marketing strategies, increase exposure in the Mainland, grasp Chinese culture and
           business etiquette and attract more potential Mainland clients. Moreover, for Hong Kong law firms accustomed

           to using Cantonese and English as working languages, setting up a Chinese service team removes the
           communication barrier and improves efficiency in communicating with Mainland clients. Lastly, through gaining

           in-depth understanding of the characteristics and trends of the Mainland legal service market, Hong Kong law
           firms will gradually adjust their business strategies in a timely manner, which is conducive to adapting to the

           Mainland legal market.


           2.3.2 Make full use of competitive advantages and strengthen communication and
           exchanges




           (a) Mutual assistance between GBA and Hong Kong law firms



               For Hong Kong law firms, setting up offices and partnership associations in the GBA will facilitate cross-
           referral of business between GBA and Hong Kong law firms. It allows exploration of strategic cooperation and

           the establishment of mutually beneficial relationships with Mainland law firms to achieve win-win situations in
           business ventures, and can provide targeted training on new types of legal services for GBA lawyers, especially

           in financial technology, intellectual property such as in artwork trading, and maritime law. The advantages of
           Hong Kong legal practitioners include possessing extensive professional knowledge and practical experience,






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