After boosting its Asia Pacific turnover by more than 10% last year, Allen & Overy (A&O) has become the latest City giant to receive approval to practise law in China’s Free Trade Zone (FTZ).
The arrangement comes by way of a joint operation with local firm Shanghai Lang Yue Law Firm – called Allen & Overy Lang Yue (FTZ) Joint Operation Office – which received approval from the Shanghai Bureau of Justice, A&O said today (7 January).
