"2024 Autumn Meeting for Law Firm Leaders" Event Series Kicks Off at Dacheng

On September 19, 2024, the event series titled "2024 Autumn Meeting for Law Firm Leaders: Adapting to a Changing Landscape" officially kicked off at Dacheng Law Offices.

The event was initiated by China's renowned legal tech company Fatianshi (China Contract Library), which invited key executives from law firms across the country to attend. Through the site visit, thematic discussion, in-depth exchange, and other activities, attendees jointly examined various issues related to the development of law firms. The event attracted over 30 key executives from law firms nationwide. On the first day, attendees convened at Dacheng to engage in meaningful discussions with Dacheng's lawyer, Director and China Region Board Chairman Yuan Huazhi, lawyer and Vice Chairman Wang Lihong, and lawyers and Board members Li Shoushuang and Tuo Wei. Together, they explored sustainable development strategies for law firms as the industry experienced profound changes.

Photo/Group photo of some attendees

Site visit

Photo/Guests visit Beijing Dacheng Law Offices, LLP

At the beginning of the event, visiting guests toured the conference area of Dacheng, gaining firsthand experience of the law firm's achievements in culture and digitalization. This tour officially kicked off the "2024 Autumn Meeting for Law Firm Leaders."

Thematic discussion

Photo/Lawyer Yuan Huazhi

Following that, Lawyer Yuan delivered a presentation on the theme "Sustainable Development Path for Law Firms with More Than Ten Thousand Lawyers." He shared Dacheng's successful experience around the theme across four key dimensions: sustainable management, sustainable talent, sustainable culture, and sustainable innovation.

Lawyer Yuan emphasized that the core of Dacheng's sustainable management lies in improving the quality of service through specialization, establishing a solid business foundation through a remarkable scale, expanding business scope through internationalization, driving business growth through digitalization, and strengthening market recognition through branding. In terms of sustainable talent, Dacheng has reformed its recruitment and training system, establishing a clear and attractive compensation structure while improving mechanisms for attracting and retaining talent. When it comes to sustainable culture, Dacheng always upholds democracy, professionalism, diversity, and vitality. Lastly, to ensure sustainable innovation, Dacheng focuses on continuous advancements in management models, specialization, and development strategies to maintain Dacheng's competitiveness in a rapidly changing market. Lawyer Yuan believes that law firms with a remarkable scale are mostly coping with intensified industry competition, economic downturns, and artificial intelligence platformization. This external environment presents new challenges for law firm management, requiring the leadership to stay abreast of current trends, embrace technological innovation, and flexibly adjust development strategies to rise to the challenge and respond to change with resilience.

In-depth exchange

Photo/In-depth exchange

The in-depth exchange session was moderated by Chang Jinguang, the founder of Fatianshi. Attendees included Wang Lihong, Li Shoushuang, and Tuo Wei from Dacheng. In response to key and practical questions from other attendees, such as how to balance conflicts between specialization and management, conduct scientific assessments of management effectiveness, attract and retain top talent, handle conflicts of interest, and achieve large-scale growth in a moderate manner, the three lawyers offered detailed and sincere answers grounded in Dacheng's real-world experience. They shared insights drawn from their management practices within a law firm with more than ten thousand lawyers, which resonated deeply with the attendees.

As the first stop in the "2024 Autumn Meeting for Law Firm Leaders" series, this sharing session in Dacheng provided a platform for in-depth communication and interaction with key executives from law firms across the country, offering industry leaders opportunities for deep reflection and mutual inspiration. Moving forward, Dacheng will continue to uphold its social responsibility as a leading law firm, enhancing collaboration and communication with other law firms to foster close connections and information sharing in the industry and collectively tackle the challenges posed by the market environment.