ALB OCTOBER 2024 (CHINA EDITION)

27 Asian Legal Business | October 2024 Regional Ranking Nanjing, Suqian, Kunshan, Lianyungang, Xuzhou, Suzhou and Wuxi in quick succession to jointly run the Jiangsu regional market, which is under the overall charge of the Nanjing office. “Going forward, the Shanghai and Nanjing offices will strengthen collaboration to uplift the overall legal service capabilities of SGLA,” Paul Zhou. Lawyers’ perspectives Rising Lawyers and “Client Choice” lawyers, specialising in different practice areas, have accumulated rich practical experience and achieved outstanding business performance and solid reputations through excellent market acumen and top-tier services. They share their observations of the YRD market. Zhou Zhehao, Rising Lawyer winner and partner at Zhong Lun Law Firm, paints a succinct picture of lawyers in the YRD region pursuing excellence while staying humble. “The key advantage of the YRD region is its large economic and market size. Lawyers there also have the ‘big picture’ mindset and are ‘open and inclusive’. It is very obvious that the practice of lawyers in the region is driven by market forces.” Another Rising Lawyer, Wang Jiangtao, partner at JointWin Partners, focuses on data compliance. “In recent years, clients’ demand for data compliance services has become increasingly diversified. Apart from basic needs for data export compliance, data compliance policy development and data security risk assessment, inclusion of data assets in balance sheets is also a hot topic. Laws and regulations for data compliance and industry standards in segmented fields update frequently, and the iteration of data technology is also very fast. We must keep learning to keep up with the times.” Ye Ping, managing partner of Co-effort Law Firm and a “Client Choice” winner, specialises in commercial dispute resolution and commercial crimes. He notes further specialisation and increasing internationalisation in this practice area, and suggests that lawyers should pay more attention to developing comprehensive legal services capabilities, working with lawyers in other practice areas, integrating resources and continuously innovating service models to adapt to market changes and client needs. Through relentless hard work, Ye managed to stand out in a short period and became the youngest managing partner in the firm’s history. Zhao from W&H, another “Client Choice” winner, and her team mainly provide legal services in the financial field. “In recent years, numerous small and medium-sized firms have emerged in this field, competing for market share by providing more flexible and cost-effective services. Further, as the number of lawyers continues to grow, and some traditional service areas such as financial loan dispute resolution

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