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Why do the Big Four law firms hate Yingke?

Every law firm has good lawyers and not-so-good lawyers.

The problem of Yingke is that it is too large, but its internal management has not kept up, and its core system has not been implemented enough, resulting in mixed results.

For example, last year, the Asset Management Association required newly registered private equity fund managers to issue legal opinions. The first approved legal opinion was from Yingke Law Firm. However, two law firms last year Failure to perform due diligence obligations resulted in penalties from the Asset Management Association. One of the law firms was also from Yingke.

Personally, I have come into contact with some Yingke lawyers who are excellent, and some who are not so decent. So, sometimes you have to look at people.

There are two reasons for Yingke's negative news:

First, peers look down on each other and compete maliciously. If you heard about it from other law firms and lawyers, it would most likely be slander and an attempt to benefit oneself at the expense of others behind the scenes. After all, peers are competitors. Over the years that I have been practicing law, I have come into contact with a lot of barristers, and a large number of young lawyers. There are so-called professional firms, boutique firms, and large domestic firms, and there are also a lot of classmates and friends in them. In fact, they are all the same.

A law firm is a partnership, which is a combination of independent lawyers or a team of lawyers. There is no necessary connection between them. They only introduce business cases and make money together. It doesn’t matter. I am professional and corporate, while others manage my business in a chaotic way.

To say that one's own institution is awesome and others are bad is basically to do things that benefit oneself at the expense of others, slandering others and promoting oneself, which is a shameful behavior.

The second is the behavior of individual lawyers. Since its establishment, Yingke Law Firm has attracted a large number of outstanding and well-known lawyers with its law firm culture of integrity, tolerance, openness and enjoyment. It is quite strong and has developed rapidly, surpassing most domestic law firms. Becoming the largest firm in Asia-Pacific.

But at the same time, because of the rapid growth in scale, it will also attract some lawyers who are eager for quick success and success, so there will be some negative news about the negative image.