September 20, 2018
China Law & Practice has named Latham & Watkins the Dispute Resolution International Firm of the Year at the publication’s 2018 awards, which were held in association with The American Lawyer, The Asian Lawyer, and Legal Week. Latham also earned recognition for advising on Harbin Pharmaceutical Group’s US$300 million investment in GNC Holdings, which was named the Outbound Deal of the Year.
The publication selected Latham as the Dispute Resolution International Firm of the Year based on specific work that “set new standards in the delivery of high-level legal services and solutions, thereby demonstrating the firm’s market-leading position.” Among other criteria, the judging committee considered legal expertise and innovation, client satisfaction, industry knowledge and experience, and teamwork and efficiency.
China Law & Practice also noted Latham’s key role in the Outbound Deal of the Year. The firm advised GNC Holdings, a Pittsburgh-headquartered health and nutrition retailer, on the sale of 40% of its shares to China’s Harbin Pharma. The complex transaction included the negotiation of a joint venture in China.
According to China Law & Practice, the annual awards honor the “most stellar achievements of the year” among “top lawyers, law firms, and in-house teams in China.” Latham is one of only a few global firms in Asia with the ability to provide substantive United States, English, and Hong Kong law advice. With more than 70 lawyers based in Beijing, Hong Kong, and Shanghai, Latham provides clients an intimate understanding of the local marketplace while also serving their global needs.