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While Edward Lehman, Managing Director of leading red circle law firm Lehman, Lee & Xu is no stranger to providing counsel to diplomatic missions and financial institutions, Lehman is also widely recognized as an expert in the field of mining law. “The mining sector in China has developed later than developed countries and the authorities have had to develop laws in a very short time”, states Ed Lehman, Managing Director of the firm, “as one of the longest established law firms we have been at the forefront of legal developments in the field, giving us a unique perspective in this area. Similarly our Mongolia office is the leading firm regarding mining and resource law in that jurisdiction” .

“Red circle” Chinese law firm Lehman, Lee & Xu, which maintains one of the largest corporate-commercial practices in the country, has been invited to hold a workshop at the 6th Annual China Summit organized by China Law and Practice, a conference that will host hundreds of in-house counsels and lawyers from a variety of organizations. “We are glad to have been invited by CLP to speak at the event. We have witnessed a growing public interest toward local Chinese law firms” commented Edward Lehman, managing director of the firm.

Experts from a wide range of industries gathered together at the China Cleantech Business Forum conference held at the Shangri-La Hotel in Beijing on July 8th, 2009. Lehman, Lee & Xu’s managing director Edward Lehman, head of the Energy & Resources practice at the firm, was satisfied with the results of the conference. He commented that “the fast-growing clean energy and clean technology industry brings in new challenges and opportunities for businesses and law firms. It is our goal to stay ahead of the curve and we believe that networking with the key players is the best way to achieve this end”.

The People’s Bank of China (PBOC) recently issued answers to questions submitted to it regarding the Administrative Measures for the Pilot Operation of RMB Settlement for Cross-border Trade. Under the pilot program, selected enterprises will now be allowed to settle foreign trade accounts using RMB.

Shanghai Daily has reported that current economic statistics show that Shanghai is well on its way to full recover from the global economic crisis. In the second quarter, the city delivered a much better than expected economic performance, with improved data related to fiscal income, investment and trade. Fiscal income rose a significant 14.9 % over last year with growth returning to positive numbers after posting negative figures for the six straight months. Fixed-asset investment in Shanghai expanded 15.7 % over one year ago. Shanghai's outbound investment more than tripled from a year earlier to US$715 million in the first half, surpassing the total amount in 2008. The trade sector, Shanghai’s hardest hit, had its downward momentum halted last month. By June, total trade volume was US$43.1 billion, down 15.1 % from a year earlier but was an expansion of 13 % from May. While Shanghai's exports fell 19.9 %on an annual basis to US$25.8 billion last month, this was an 8.1 % increase over May. Imports also decreased 6.6 % from a year ago but were likewise a 21.1 % over May of this year. In addition, Shanghai created 67,000 new jobs in the first half of the year, with about 25,000 coming from the 5,540 small and medium enterprises that were established under the supportive government policies.

Ed Lehman, Managing Director of leading red circle law firm Lehman, Lee & Xu, has been named as the President of the Asia-Pacific grouping of the Global Advertising Lawyer Alliance.

Attorneys from Lehman, Lee & Xu’s have been asked to present to students from the China School of Business & Law. The program, which gives students from the school the chance to experience Chinese law and culture first hand demonstrates the increasing importance foreign law schools are placing on Chinese law.

While leading red circle law firm Lehman, Lee & Xu has built up a strong reputation in the fields of Intellectual Property and Mergers & Acquisitions, the firm also plays a key role in combating corporate fraud. “Every year billions are lost through corporate fraud,” relays Edward Lehman, managing director of the firm, “and unfortunately a lot of is due to carelessness.”

Attorneys from Lehman, Lee & Xu’s Beijing practice recently presented to students from the University of Minnesota School of Law and Renmin School of Law. The program, which gives students from the University of Minnesota and other law schools the chance to experience Chinese law and culture for a month each summer demonstrates the increasing importance foreign law schools are placing on Chinese law.

While leading red circle law firm Lehman, Lee & Xu is no stranger to providing counsel to multinational corporations and high net worth individuals, the firm is also known for its role in contributing and authoring of legal publications. “Chinese law is still firmly in a developing phase. We feel that our practical experience enables us to play a role in the development of Chinese law from a research perspective”, stated Ed Lehman, Managing Director of the firm.