Taishou Cheng delivers his speech in four parts. Firstly, hedemonstrates that the advantages of King & Wood Mallesons cannot be copied.Focusing on three aspects, i.e. the field of vision, profession and brand, TaishouCheng demonstrates advantages of King & Wood Mallesons from the perspectiveof an outside lawyer; secondly, by comparison of development patterns of Tahotaand King & Wood Mallesons, Taishou Cheng shows the audience strengths andweaknesses of these two different development patterns; thirdly, Cheng shareshis thinking of the future of the legal profession; fourthly, he shares hisopinions on lawyers and law firms.

King& Wood Mallesons is one of the best law firms in China witha global perspective. It is the first Beijing law firm that entered the marketin Sichuan in 1999. So far it has been in Sichuan for 17 years. Thus we can sayTahota is accompanied by King & Wood Mallesons in its growth. In his visit,Taishou Cheng has communicated with partners and lawyers of King & Wood Mallesonsand has shared his views with them, he thinks the selection of operation andmanagement mode is of great significance. “There are not two law firms thatadopt the same operation and management mode”, Cheng says. He also expressesthat Tahota and King & Wood Mallesons are towards the same direction, and Tahotashould learn from King & Wood Mallesons, and the two firms should accompanyeach other in growth. Moreover, lawyer Cheng also discusses with colleagues of King& Wood Mallesons on issues about Tahota’s development strategy anddevelopment model, which strikes a responsive chord of participating colleagues.

Bothsides express their desire to strengthen communication and exchange between twofirms as well as to explore a wide range of cooperation.