Beijing Tengyu Law Firm
July 29, 2024 Beijing
SUMMARY
Today, the wave of digitalization sweeps across all fields. The law firms, as the core organization of the legal services, are facing unprecedented changes and challenges. On July 26, a sharing session gathering directors and the partners of many law firms was successfully held in Beijing Tengyu Law Firm. Under the topic of "New Era of Law Firm Management: Digital, Talent and Innovation", the participants deeply discussed the development trends and response strategies for the law firm management in the future .
FOREWORD
With the rapid development of information technology, the digitalization of law firm management has become an irreversible trend. Also, talent is the core resource for the development of law firms and its importance is becoming increasingly prominent. And, innovation is the key to law firms standing out in the fierce market competition. This sharing session was held under such background, aiming to provide the new ideas and directions for the future development of the law firms management through the thought collision and experience sharing.
1.1 Wide spread use of digital tools
During the session, Director Wang Xin of Beijing Tengyu firstly shared and introduced the practices and achievements of the firm in digital construction. The firm independently developed a case management system to realize the real-time sharing and tracking of the case particulars. It is not only greatly improved the work efficiency, but also significantly reduced the risk of human error. It also effectively reduced the lawyers’ workload and improved the quality of case handling.
At the same time, the client transparency in case management system also made the process of the entire case highly visible and understandable: the clients are allowed to easily check the key information of the status, progress, and handlers, etc. of their cases. It not only increases the clients’ trust in the handling process of the case, but also increases clients’ satisfaction and loyalty. By continually optimizing the system functions and improving the service quality, we can provide the clients with more efficient, convenient and reliable case management services.
1.2 Data-driven decision making
In addition, the participants also emphasized the importance of data in law firm management. They held that collecting and analyzing various types of business data can more accurately grasp the market trends and the client’s needs, then provide strong support for the law firms’ strategic decision-making.
Mr. Dai Bin, the executive director of the management committee of Beijing Yunjia Law Firm, elaborated the management ideas in establishing Beijing Yunjia, and detailed introduced the various functions and usage of their self- developed "SHIFU" system. The optimized service process through data analysis, the improved clients’ satisfaction and loyalty attracted the participant’s keen attention.
2. Talent: The core competitiveness of law firm development
2.1 Talent Training and Introduction
In terms of talent, Mr. Zou Huofa, the director of Beijing Huatian Law Firm pointed out that it is necessary to build a complete talent training system and focus on the growth and development of young lawyers. At the same time, it is necessary to increase the efforts to attract talents and attract more outstanding talents to join the team of the law firm. Mr. Zou also shared the successful experience in talent recruitment. Ms. Liu Huahua, the executive director of Beijing Huatian Law Firm also gave a brief introduction on this respect.
Mr. Ai Dengqiang, the partner of Beijing Zhining Law Firm held that "talent is the foundation of the development of the law firm. We value the introducing and training of lawyers with professional qualities, innovative thinking and good professional ethics, and strive to build an efficient and professional legal service team.”
2.2 Teamwork and Cultural Construction
The participants also emphasized the importance of teamwork and cultural construction. We believe that an excellent law firm teams must not only have excellent professional qualities, but also have a good teamwork spirit and a positive cultural atmosphere. Only in this way should we form a strong cohesive force and combat power, and jointly promote the development of the law firms.
Mr. Guo Jianheng, senior partner of Beijing Yingke Law Firm introduced the development history of the firm and pointed out that Beijing Yingke has the vision of high-quality development of "internationalization, specialization, digitalization, and carbon neutrality", forming a new pattern of domestic and international integration development, leading and building a world-class lawyer service market, and maintaining the social fairness and justice with professionalism. As a global legal service organization, Beijing Yingke will adhere to the purpose of "leading by party building, building a world-class law firm" and strive to achieve the strategic goal of "three hundred", namely "one hundred domestic branches", "one hundred overseas direct-operated law firms" and "one hundred overseas international cooperation law firms", and provide a one-stop service platform to domestic and foreign enterprises and the consumers.
3.1 Service model innovation
In terms of innovation, the participants expressed the necessary of actively exploring new service models. They proposed to break the shackles of the traditional legal service models, to be clients-oriented, and to provide more personalized and convenient legal services.
Mr. Wang Xingguang, the director of Beijing Jingdong Law Firm, shared his opinion under the title of "Development Strategies of the Lawyer Industry under the Current Economic Situation". He provided a multi-dimensional introduction from three aspects: improving professional skills, digital transformation, and diversified services.
Mr. Du Peng, the director of China Wills Library Dongcheng Branch, shared his views on “Innovation and Opportunities for the Lawyers to Participate in Wealth Inheritance Industry". He also gave the detailed answers and explanation to the doubts and difficulties of the law firms in wills-related issues.
Mr. Gu Yuanjing, another director of Beijing Tengyu expressed that the development of legal specialty will not only reflect the professionalization and refinement of the legal services, but also reflect the close integration of legal services with social and economic development and the construction of the law.
3.2 Technological innovation and application
At the same time, they also emphasized the important position of technological innovation in the development of law firms. They believe that it is necessary to keep up with the pace of the times, actively explore the application scenarios of new technologies such as artificial intelligence and big data in law firm management and promote the upgrading and transformation of law firm management through technological innovation.
Director Wang Xinghua of Beijing Jingyun Law Firm introduced the main business areas of Beijing Jingyun and elaborated on the importance of various media in business promotion.
Director Zhang Zongliang of Beijing Huanbiao Law Firm provided an in-depth analysis on the problems in the daily management of law firms. He believed that the law firms should promote resource sharing and complementary advantages to improve overall operational efficiency and market competitiveness.
Along with the in-depth discussion, the participants further realized that in the rapidly changing of the legal market, deep cooperation and cross-border integration will become a new engine for the development of the law firms. This trend requires the law firms to strengthen their internal teamwork, also seek wide external cooperation opportunities, to jointly cope with increasingly complex legal challenges.
Lawyer Gu Youjun, the partner of Beijing Zhenbang Law Firm expressed that the cooperation between the law firms should be closer. Through forming a joint team, sharing resources, and undertaking risks, it can not only improve the efficiency and quality of case handling, but also enhance the mutual trust and cooperation ability between the law firms. In addition, the communication and learning within the law firm industry are also very important. Through sharing successful cases and discussing industry hot topics, it will promote the common progress of the entire law firm industry.
After the meeting, we carefully prepared and enjoyed a wonderful dinner. The dinner atmosphere was warm and enthusiastic, the meeting members further exchanged their gains and insights in a relaxed and pleasant manner at the dinner, which has deepened our understanding and friendship.
CONCLUSION
This successful sharing and discussion meeting not only provides valuable ideas and directions for the future development of law firm, but also demonstrates the active exploration and unremitting efforts of the law firm industry in digitalization, talent, innovation, etc. In facing of the new challenges and opportunities, the law firm industry will continue uphold the spirit of openness, cooperation, and innovation, and continue the practice, welcome a more brilliant tomorrow with better services, more efficient operations, and more positive social contributions.
