Taylor Wessing's International Private Wealth team has won the China Business Law Award 2020 for Family Wealth Management.
The China Business Law Awards are among the most prestigious awards in the country for Chinese and international law firms. The award is based primarily on nominations from Chinese C-level executives, in-house counsel and lawyers.
Taylor Wessing's International Private Wealth team consists of more than 70 experienced lawyers who provide legal and tax advice to family businesses, high net worth individuals and foundations in their cross-border activities.
The team has gone on to be recognised as a market leader and one of the very few international firms able to offer a fully-integrated legal service for the private wealth community. The international team is led by Nick Warr (London) and Martin Kraus (Germany). In China, associate Rachel Yao is the primary representative of the Private Wealth Group.
Head of Taylor Wessing's International Private Wealth group, Nick Warr, said: "Our international reputation for Private Wealth advice is long-established in Asia, Europe and the Middle East. We offer a consistently exceptional level of client service, and our recognition by CBLJ confirms this. This award is doubly gratifying as it is based on direct client feedback, underscoring the close relationships we have with our clients. We remain dedicated to providing high net worth individuals and families with the highest levels of client service, no matter where in the world they manage their assets."
Our International China group has been successfully advising European companies on their business activities in China as well as Chinese companies investing and expanding in Europe and Asia for over two decades. It has over 50 lawyers who advise on complex Sino-foreign projects and transactions.
Head of Taylor Wessing's International China group, Michael-Florian Ranft, said: "The award for our Private Wealth Group is a well-deserved recognition of the excellent international cooperation across many borders and legal areas. I am very pleased that our competence offensive in the Chinese market, which we have been pursuing for years, has now had such a lasting impact in this area."
The full list of nominations and winners were published in a special report in the March issue of CBLJ, and can also be viewed online.