1 Asian Legal Business | February 2025 COVER STORY 12 2025 ALB China Top 15 Overseas Investment Lawyers 2025 ALB China 十五佳出海业务律师 Ranking by ALB, text by Victor Wu As Chinese companies expand internationally, leading lawyers are going beyond traditional risk management to create broader value. In its inaugural ranking, ALB showcases pioneering legal professionals in this area. 在当下可谓“波澜壮阔”的中国企业出 海征途中，卓越的律师群体扮演着风险 预警者与价值创造者的双重角色。ALB 首次推出榜单，聚焦这些兼具国际视野 与本土智慧的行业先锋。 FEATURES 20 Securing resilience 保障供应链“韧性” From geopolitical risks to ESG considerations, and the ongoing wave of technological innovation and digital transformation, Chinese companies are navigating increasingly complex supply chain challenges. And lawyers are playing an increasingly pivotal role in ensuring compliance throughout these global networks. 从地缘政治风险，到ESG考量，再到技术 革命与数字化转型，中国企业的供应链 正面对愈发多元的挑战，律师也在助力 企业供应链合规中扮演日益重要的角色。 24 2025 ALB China Regional Ranking: Circum-Bohai Sea Area 2025 ALB China 区域市场排名：环渤海地区 ALB China’s first regional ranking in 2025 focuses on the three provinces and one Contents February 2025 municipality in the Circum-Bohai Sea area — Liaoning, Hebei, Shandong, and Tianjin —highlighting outstanding law firms and exceptional individual lawyers. 2025年，ALB China首个区域榜单关注 于环渤海地区的三省一市：即辽宁、河北、 山东、天津的优秀律师事务所及杰出律师 个体。过去一年，环渤海地区呈现出强势 的增长势头，涌现不少发展亮点，这也为 该区域法律服务市场的持续发展提供了 良好基础。 28 Impact, not hype 追逐变革 As Generative AI becomes an unstoppable force in legal practice, law firms are moving beyond the question of “if” to “how.” But instead of chasing trends, AI directors at law firms are taking a deliberate approach to this transformative technology. 随着生成式人工智能在法律行业掀起不 可阻挡的变革，律所的关注点已从“是否 采用”转向“如何应用”。 34 Regional reshaping 重塑区域市场版图 Major Chinese law firms from Beijing and Shanghai are aggressively expanding into regional markets. Regional firms are countering this challenge by deepening local expertise and developing niche specializations to maintain their competitive edge. 来自北京、上海的全国性综合律所不断 下沉业务，“占领”区域法律市场的招投 标名单，这给区域本土律所带来多重挑 战，但也促使他们提升策略、扩大布局。 38 Alternative approaches 另辟蹊径 The quest for yield in today’s challenging market environment is pushing investors toward more diverse offshore investment strategies. 在当前充满挑战的市场环境中，投资者 为追求高收益，正转向更多元的离岸投 资策略。 BRIEFS 3 Big Story 8 Appointments 9 Deals With contribution from: - Grandway Law Offices 国枫律师事务所 4
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