Eversheds Eyes Beijing for China Expansion

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Eversheds and Italian firm NCTM are set to enter the expanding legal market in China with new offices. Eversheds, which has had an office in Shanghai for three years, is now eligible to open a second office in China and the firm plans to enter Beijing, according to LegalWeek.

Shanghai Managing Director Peter Corne said a second office in China would allow the firm to better cover the country’s distinct regions.

“Beijing and Shanghai are very distinctive,” Corne told LegalWeek.”Shanghai does not have the prominent position of Beijing, but at the moment most of our clients are here so we will probably only start with a small operation when we open.”

  

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Italy’s NCTM is set to launch a Shanghai office this summer after its license application is approved. It will be the firm’s first office outside of Europe.

LegalWeek lists other firms that are looking to move into the potentially lucrative China market. They include overseas firms Ashurst and SJ Berwin and U.S.-based Goodwin Procter, which already has an office in Honk Kong but is looking to enter mainland China.