ALB CHINA JANUARY 2025

22 Asian Legal Business | January 2025 2025 ALB China Top 15 Cybersecurity & Data Protection Lawyers requiring lawyers with technical knowledge, business insight, and innovative solutions. Leading practitioners typically have over a decade of experience, reflecting maturity in expertise and service delivery. The market is now divided into three main areas: compliance services, including routine consulting, data transfers, and regulatory inspections; transactional services, covering IPOs, mergers, and investments; and the growing field of data monetization, where businesses explore the potential of data as a valuable asset. Evolving compliance needs As a relatively new area of regulation, ensuring compliance under recent data and cybersecurity laws has been a key focus and challenge for businesses. According to Zou Danli, partner at Commerce & Finance Law Offices, demand for corporate data compliance services has been steadily growing and has accelerated significantly since 2023. She attributes this to two main factors: increasingly Increasingly stringent data and cybersecurity regulations and enforcement, combined with deeper business reliance on data across new industries. These dynamics have raised compliance standards and driven greater demand for legal services. Zou notes a marked increase in requests for compliance related to daily operations and incorporating data as an asset into corporate accounts. Zhou Yang, partner at Jingtian & Gongcheng, began her career as a data lawyer in the in-house legal team of an internet company. She recalls transitioning from private practice to an in-house role focused on product compliance, gaining extensive experience across security, e-commerce, and fintech operations, as well as foundational knowledge in data and system functionality. After returning to private practice, Zhou has assisted numerous clients with data compliance projects. Reflecting on the changes over the past two years, she observes that companies now view data compliance as a baseline requirement. This shift has reduced the need for basic education from lawyers but has increased the complexity and novelty of issues brought to them, often involving emerging areas of data law. ALB’s research also highlights transactionrelated compliance, such as IPOs, mergers, and investments, as a key area where data lawyers are increasingly active. Zou notes that following As the cornerstones of China’s data legislation, the Cybersecurity Law, implemented for nearly eight years, alongside the Data Security Law and Personal Information Protection Law, both in effect for over three years, have seen increasingly refined enforcement. Compliance requirements for businesses are becoming clearer, shaping a maturing ecosystem for legal services in data protection. A top-tier group of legal practitioners and firms specializing in this area is emerging, with many focusing on niche expertise and distinctive market positioning. ALB’s research for the Top 15 Cybersecurity & Data Protection Lawyers highlights stable demand across industries for data and cybersecurity legal services. However, the work remains complex, 2025 ALB China Top 15 Cybersecurity & Data Protection Lawyers 十五佳网络安全和数据保护律师 By the end of 2023, the global digital economy had surpassed $60 trillion, accounting for 65 percent of global GDP. As the digital economy cements its position as a primary driver of global growth, the demand for legal expertise in cybersecurity and data protection is surging. 数字经济已经崛起为全球经济增长的主要驱动力,截至 2023年底,全球数字经济规模超过60万亿美元,占全球 GDP的65%。这一背景下,网络安全及数据保护律师的业 务空间、市场重要性都经历着持续提升。 Ranking by Asian Legal Business, text by Hu Yangxiaoxiao 排名:《亚洲法律杂志》,作者:胡阳潇潇

RkJQdWJsaXNoZXIy MjA0NzE4Mw==