Westlaw opens in China and Hong Kong
Thomson Reuters has announced the launch of Westlaw Business in China and Hong Kong. Westlaw Business will provide China-based business lawyers with a comprehensive legal resource – the first of its kind to serve global legal professionals.
“The economic strength and importance of China has been underscored by the country’s global mergers and acquisitions activity, which has continued throughout the recession,” said Westlaw Business Senior V-P Kevin Ritchey. “China and Hong Kong are leading in this area, pulling other economies forward through cross-border and local deal making. Westlaw Business enables global business lawyers, and those who support them, to better spot issues, perform due diligence, find precedent agreements and draft the documents needed for creating successful business transactions in this important region.”
At the core of Westlaw Business are specialized work centres tailored to the unique needs of business lawyers around the world. The centres include M & A, Securities US, Securities UK, Securities Canada, Islamic Finance, Corporate Finance, Restructuring, Private Equity and LIVEDGAR. The service includes some 500,000 specialized documents that provide comprehensive legal, financial, regulatory and current awareness perspectives of complex legal matters and business transactions relevant to the Asia Pacific market. Business Citator, which is integrated into Westlaw Business centres, provides a deeper understanding of the clients, peers, suppliers, acquisition targets and competitors connected to specific transactions.
“Launching Westlaw Business as a truly global platform reinforces our commitment to supporting lawyers on a global basis,” said Peter Warwick, president and CEO of Thomson Reuters, Legal. “Our ability to develop the right products for practitioners in all parts of the world reflects the unique expertise and resources of our global organisation. We can share our common technology platforms, infrastructure and business models across markets, and effectively tailor products to meet local customers’ needs.”