WEDNESDAY, NOVEMBER 16, 1988
52
COURTS, ΤΟ EMPLOY PRACTISE OVER THOSE
"THE AIM OF THE PROPOSAL IS TO INTRODUCE FORMAL CRITERIA, WHERE NONE NOW EXIST, TO PERMIT THE REGISTRATION, THROUGH THE OF FOREIGN LAWYERS AND FOREIGN LAW FIRMS, IF THEY SO WISH, OR TAKEN INTO PARTNERSHIP, HONG KONG QUALIFIED SOLICITORS TO HONG KONG LAW AND TO IMPOSE A FORMAL REGIME OF DISCIPLINE FIRMS THROUGH THE LAW SOCIETY, HE SAID.
ΤΟ REGULATE
OPPORTUNITY IS
LAW FOREIGN
NOW BEING
SCHEME "THE QUESTION OF DEVISING A FIRMS WISHING TO AVAIL THEMSELVES OF THIS ADDRESSED," HE ADDED.
PLAY
ARE MR MATHEWS SAID THERE
MANY OTHER MATTERS OF IMPORTANT DETAIL TO BE CONSIDERED IN WHICH THE LAW SOCIETY WILL OBVIOUSLY AN IMPORTANT PART.
"WE BELIEVE THAT THE DETAILS WHEN FULLY LAID OUT WILL DEMONSTRATE THAT THE CONCERNS EXPRESSED ARE GROUNDLESS," HE SAID.
EXPLAINING THE REASONS BEHIND THE PROPOSAL, MR MATHEWS SAID IT
HONG KONG'S REPUTATION AS HAD BEEN FORMULATED TO ENHANCE
A MAJOR INTERNATIONAL FINANCIAL AND COMMERCIAL CENTRE.
"THAT WILL CLEARLY BE A BENEFIT TO HONG KONG AS A WHOLE.
IN HONG
"IT WILL EXTEND THE RANGE OF LEGAL SERVICES AVAILABLE KONG BY ENABLING FOREIGN LAW FIRMS TO PROVIDE FROM WITHIN THE FIRM INTEGRATED LEGAL SERVICE ΤΟ THEIR CLIENTS PREDOMINANTLY FROM THE FINANCIAL AND COMMERCIAL COMMUNITY.
"THE PROPOSAL WILL THUS EXTEND
-
CLIENTS
WHO
AN
COME
ΤΟ BY SOME
PRACTISE OF THE
то FOREIGN LAW FIRMS, WHICH SATISFY THE ENTRY CRITERIA SIMILAR RIGHTS, MULTI-JURISDICTIONAL LAW THAT ARE CURRENTLY ENJOYED LARGER FIRMS OF HONG KONG SOLICITORS, HE SAID.
11
THE ATTORNEY GENERAL REJECTED THE SUGGESTION THAT THE UNABLE PROCEEDS FROM THE PREMISE THAT HONG KONG LAWYERS ARE THE NEEDS OF THE INTERNATIONAL COMMUNITY FOR LEGAL SERVICES.
PROPOSAL TO MEET
"FAR FROM IT. THE AIM IS TO MAKE WHAT IS GOOD EVEN BETTER,
HE
SAID.
MR MATHEWS POINTED OUT THAT THE FEAR OF COMPETITION
FOR THE EXCLUSION OF ALONE PROVIDE ANY JUSTIFICATION FIRMS.
DOES FOREIGN
NOT
LAW
"HONG KONG HAS A LONG TRADITION OF ENCOURAGING
FREE COMPETITION A FREE MARKET AND WE BELIEVE THAT PERMITTED TO PRACTISE IN HONGKONG IS IN THE KONG'S FINANCIAL AND COMMERCIAL DEVELOPMENT, HE SAID.
BEST
COMPETITION IN BETWEEN LAWYERS INTERESTS OF HONG
||
THE ATTORNEY