Hong Kong is a bustling metropolis with a population of over 7 million people. The city is home to many international businesses and organizations, and as a result, there is high-quality legal service. Many law firms in Hong Kong provide a wide range of legal services to businesses and individuals.
Some of the top law firms in Hong Kong include Clifford Chance, Linklaters, and Freshfields Bruckhaus Deringer. These firms are known for their high-quality legal services and their experienced attorneys. You should consider contacting one of these firms if you require legal assistance.
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Hong Kong Commercial Law
Hong Kong commercial law is based on the English common law system. In most cases, the law of Hong Kong is similar to that of England and Wales. However, there are some key differences that businesses should be aware of.
One key difference is the legal recognition of contracts. In Hong Kong, contracts must be in writing and signed by both parties to be legally binding. This differs from the law in England and Wales, where oral contracts are legally binding.
Another key difference is the law of negligence. In Hong Kong, negligence law is based on the English common law system. However, there are some key differences. For example, in Hong Kong, there is no duty of care owed to businesses by their employees. This means that companies can be held liable for the negligence of their employees.
How Much Does a Lawyer Cost in Hong Kong?
According to the Law Society of Hong Kong, the minimum cost of hiring a lawyer in Hong Kong is $1,500. However, the average cost of hiring a lawyer in Hong Kong is $3,000 to $5,000. The cost of hiring a lawyer in Hong Kong depends on the type of legal services required, the lawyer’s experience, and the amount of time needed for the legal services.
How Do I Qualify as A Lawyer in Hong Kong?
To qualify as a lawyer in Hong Kong, you must have a law degree from a recognized university and have completed a minimum of two years of post-graduate legal training. You must also pass the Qualifying Examinations, which the Hong Kong Bar Association sets. Once you have met all these requirements, you can apply for a practicing certificate from the Law Society of Hong Kong.
Can UK Lawyers Work in Hong Kong?
Hong Kong is a Special Administrative Region of China with its legal system. However, there are many similarities between the law in Hong Kong and England and Wales. This means that UK lawyers can work in Hong Kong but may need to adjust their practice.
Conclusion
The research found that the largest law firms in Hong Kong’s legal industry employ 8,802 people. This was a 33% increase from 2012 when there were 6,214 used in Hong Kong’s legal sector. The industry generated ~HK$21.9B in 2018, up from ~HK$16.6B in 2012. Hong Kong’s legal sector has grown significantly since 2012 and is expected to continue its positive growth trend.