March 20, Hong Kong

A Hong Kong Nepalese resident has, for the first time ever, been admitted as solicitor in Hong Kong.

Mr. Yek Narayan Sharma, after successfully passing the Overseas Lawyers Qualification Examination conducted by the Law Society of Hong Kong, was admitted into the profession on Saturday, 20 March.

©HKTDC Hong Kong's new legislation encourages mediation

The Hong Kong Trade and Development Council

March 2010

Negotiations leading to an out-of-court settlement seem to be the least damaging and inexpensive route for Chinese mainland traders to take in contractual disputes.

That's because Chinese businesses prefer a less confrontational appoach to disagreements than in the west, where executives are quick to call their lawyers. Mediation is more than a harmonious approach to settling disputes and keeping relationships going; it also keeps trade secrets and the dispute and resolution confidential, legal advisers say.