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Edward Lehman Selected to Who's Who Among Executives and Professionals

Edward E. Lehman of Lehman, Lee, and Xu has been selected to the Who's Who Among Executives and Professionals. This nomination is only bestowed upon a select few individuals who have displayed excellence in business, law, academia, medicine, and who have shown an entrepreneurial spirit.

The Who's Who Among Executives and Professionals was created in recent years in order to properly catalog and provide contact details for leading professionals around the globe. This listing is an attempt at a comprehensive directory of producers, movers, and shakers within their respective fields.

Lehman, Lee & Xu is a prominent Chinese corporate law firm and trademark and patent agency with offices in Beijing, Shanghai, Shenzhen, Hong Kong, Macau, and Mongolia. The firm has also been recognized as one of the top full service as well as intellectual property firms in China by several international magazines. The law firm is managed by Mr. Edward Lehman, a leading expert on corporate law with 20 years of practice experience in Mainland China. ...

China News 0 Comment May 28, 2010, 11:15 am

Lehman, Lee & Xu admitted to International Franchise Lawyers Association

Beijing, China ¨C May 14, 2010 - Lehman, Lee & Xu, was formally admitted to International Franchise Lawyers Association (IFLA). IFLA is a network of lawyers specializing in the field of franchise law and focusing on advising franchisors regarding the expansion of franchise networks. Many of the world¡¯s leading franchise lawyers are members of this association. For more information on IFLA please refer to the website www.franchiselawyers.net

Lehman, Lee & Xu, with a strong team of experts in franchise law in China, is the only Chinese firm member. Edward E. Lehman, Managing Director of Lehman, Lee & Xu, is the leading expert in franchising law in China. For further information about the firm and Mr. Lehman, please visit our website at http://www.lehmanlaw.com
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China Law 0 Comment May 14, 2010, 11:43 am

"The Impact of China's Labor Contract Law on Workers" by ILRF

The International Labor Rights Forum (ILRF) released a report recently entitled "The Impact of China's Labor Contract Law on Workers." ILRF is a nonprofit advocacy organization headquartered in Washington, DC that describes itself as "an advocate for and with the working poor around the world".

According to Manfred Elfstrom, Program Officer of the International Labor Rights Forum, key findings of the report include:

More workers have signed contracts since the LCL went into effect, but the number with contracts is still exceedingly low, at least in the regions surveyed, considering that the law requires that all employees have a formal contract. Sixty percent of the interviewees had a contract at the time of their interview; 53 percent said that they had contracts before the law went into effect. Many workers interviewed during the course of this research complained that their contracts lacked provisions required by the LCL.
Enrollment in work injury insurance has increased significantly. Among interviewees, the percentage with insurance increased from 39.5 percent to 49.5 percent after the LCL went into effect. Again, this is still well below the 100 percent required by law.
The law has helped older workers less than it has younger workers, as illustrated by the gradual decline by age in the number of workers with labor contracts and social insurance. While 66 percent of workers ages 16-24 had a labor contract at the time of their interviews, for example, this percentage dropped to 64 percent for ages 25-32, 60 percent for ages 33-40, and 56 percent for workers ages 41-52.
In general, the workers interviewed relied on mass media such as television (64 percent), newspapers (46.6 percent), and the Internet (44.7 percent) as their primary source of legal information. Workers relied on informal sources, as well, such as friends (30.8 percent) and other workers (26.5 percent). Sources varied widely according to other variables, such as age and education, with older or less educated workers relying much more heavily on informal sources.
Labor protections seemed to vary widely by industry. While our small sample size for some industries may have biased our results, we noted very sharp differences between, say, workers in the furniture and hardware sector, who were least likely to enjoy social insurance (35 percent) or contracts (50 percent), and, say, service sector workers, who fared the best in our survey (74 percent of whom had insurance).
Interviews with management revealed fear of certain provisions of the law, such as open-ended contracts, but also an appreciation of the stability that the LCL could bring to Chinese labor relations more generally.

These findings have led ILRF to recommend tougher criminal and civil sanctions against business owners who refuse to sign contracts, a greater focus by the All China Federation of Trade Unions and others not only on contract coverage but on the process of signing contracts (including new avenues for collective bargaining), community-based approaches to legal education aimed at reaching older workers in particular, expanded access to affordable legal representation for workers, more monitoring of less-branded parts of supply chains, and attention to the positive aspects of the law for responsible businesses.

The report, which is based on interviews with hundreds of migrant workers and managers in the Pearl River Delta and Yangtze River Delta, is available online at: http://www.laborrights.org/creating-a-sweatfree-world/rule-of-law/china-program/resources/12318.
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China Law 0 Comment May 13, 2010, 10:02 am

NEW CHALLENGES FOR FOREIGN BANKS OPERATING IN CHINA

Foreign banks operating in China have faced more fierce competition and challenges from domestic banks, according to a poll conducted recently by Price waterhouse Coopers (PwC) LLP.

In an effort to ward off the global economic crisis, Beijing announced a massive Rmb4 trillion ($586 billion) stimulus package in November 2008, and domestic banks extended a record Rmb9.6 trillion of new credit in 2009, nearly double the amount in 2008, following government orders. "Foreign banks didn't take part in that and they have lost many lending opportunities," said Mervyn Jacob, PwC's financial services leader for China and Hong Kong..

Moreover, the regulatory environment has also remained a source of concern. Foreign banks now have to deal with tightening regulations, including guidelines on new accounts, confirmation of account balances with their customers, new restrictions on property mortgages and the roll-out of wealth management products, according to the poll.

¡°Despite the challenging operating environment, China remains a key market for the future growth of foreign banks,¡± said Edward E. Lehman, Managing Director of Lehman, Lee & Xu, who has been working in China for over twenty years and has provided numerous foreign banks and companies with investment advice in their operations in China. ¡°The fast-accelerating economy will generate strong demand for banking and related services,¡± he added.

His comments are proved by the survey which revealed that annual revenue growth prospects have improved for many foreign banks in China.

Lehman, Lee & Xu is one of the biggest Chinese law firms, with a strong team involved largely in the banking and financial practice areas. For more information about Lehman, Lee & Xu, please visit the firm's website at www.lehmanlaw.com or feel free to e-mail the Beijing office at mail@lehmanlaw.com
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China Law 0 Comment May 5, 2010, 9:12 am