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Banking and Finance Law Commons

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Legal Ethics and Professional Responsibility

2014

Legal industry

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Full-Text Articles in Banking and Finance Law

Should Hong Kong's Law Firms Be Allowed To List On The Stock Exchange?, Bryane Michael Jan 2014

Should Hong Kong's Law Firms Be Allowed To List On The Stock Exchange?, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

Policymakers in numerous jurisdictions are debating whether to allow their law firms to raise capital on the stock market. In this article, we look at the benefits for listing Hong Kong's law firms. We argue that such listing would help redress previous historical disadvantages local firms have faces vis-a-vis foreign rivals doing business in the city.