DOCVIT miracle: Complete 2 mergers and 4 integrations within 100 days

Source:   Time: 2016-10-23 10:23:01  Author:

Recently, signing ceremony of agreement on merger of Beijing Union Law Firm and Beijing DOCVIT Law Firm was held in Beijing. Previously, on July 29, Beijing DOCVIT Law Firm signed the merger agreement with Beijing Canway Law Firm and Beijing Jiacheng & Taihe Law Firm.

It is learnt that it has been the second merger completed by DOCVIT within 100 days after the merger with Canway and Jiacheng & Taihe on July 29th and it has been the rare in the industry that four firms were merged almost at the same time. Canway, Jiacheng & Taihe, Union and DOCVIT will thoroughly complete merger at the end of the year, and DOCVIT will be reserved as the main brand after merger.

In this merger ceremony, director of Union Law Firm Yun Dahui expressed that the formal merger of Union and DOCVIT symbolized the significant change in the career of Union and it also opened the new journey of the development of such two law firms. For the common ideal and feeling, everybody has come together. The future is full of hopes and everybody shall make efforts together; DOCVIT is expected to enter the forefront and upstream of the industry after merger.

Director of DOCVIT Liu Guangchao thought that merger of DOCVIT and Union was a beneficial exploration of development mode to the industry and marked another higher starting point for such two law firms. With the excellent and tidy team, Union is a standard, aspirant and responsible law firm. Mutual respect and appreciating each other are the footstone for the successful merger of such two firms. Everybody is expected to seek common points while reserving difference, be inclusive and insistent and make unremitting efforts to create the new era of DOCVIT together.

Liu Guangchao introduced that DOCVIT was the forerunner of law firm demutualization and was also the pioneer of corporate system of law firm. In Development Planning 3.0 of Docvit, in addition to the transformation from demutualization to corporate system and transformation from professionalization to expert type, transformation from best quality to appropriate scale is also included. With this further merger with Union, DOCVIT has basically realized the appropriate scale and its development has entered into the new stage.

In the previous merger ceremony on July 29th , director of Beijing Canway Law Firm Huang Ying expressed that such law firms had the common pursuit, ideal, feeling and responsibility sense and that it was Guangchao's entrepreneur spirit that brought everybody together. Director of Jiacheng & Taihe Law Firm Ma Huijuan expressed that the merger was for development instead of survival; it was the collective upgrading instead of huddling for warmth; it was more yearning for spring instead of being unable to endure winter. "The industry requires reform and integration and merger of Canway, Jiacheng & Taihe and DOCVIT is a kind of exploration of the development mode for small and medium law firms. We all love this industry and need changing, and we are the same kind of people, which bring us together," said by director of DOCVIT Liu Guangchao.

In addition, recently, DOCVIT also put forward the concept of "green law firm" for the first time based on the corporate system law firm; it clearly indicated that "green law firm" was a direction, a state and a realm of law firm development and that "green law firm" should take the rational mode, healthy state, innovative road and natural development as the main characteristics, and it also thought that "green law firm" was the inevitable choice for harmonious coexistence of lawyer individual, law firm and industry. 

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About DOCVIT
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Beijing Docvit Law Firm (Docvit in short), which was established in 2003, is one of the few earliest law firms instituted as a corporation rather than partnership in China. Aimed at building a high quality law firm with professional competence, Docvit fostered innovation under its unique system of operating as a large-scale corporation. Benefited with its core-competitiveness, such as international insights and full IT application management mode, to name some of them, Docvit pursued cross-border development and established an image of high-end brand in a industrialized market. In 2015, Docvit was ushered into a “3.0 era” of moderate-scale development, which witnessed the gradual formation of nation-wide and world-wide layout with the start-up of branch offices in Tianjin, Jinan, Shenzhen, Shanghai, Chengdu, Taiyuan, Hong Kong, London and other places in succession.
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Honors
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Over the years, business and brand of DOCVIT have matured and won the "Special Contribution Award of All China Lawyers Association", "Excellent Law Firm in Beijing", "Excellent Law Firm in Chaoyang District", ALB2016 Asia Top Ten Elite Law Firm, 2018 Outstanding Law Firm Award by China Business Law Journal, etc.