Red Circle (law firms)
The Red Circle ("红圈" in Chinese) is an informal term for leading law firms in China.
The term was first used by The Lawyer magazine in a report in March 2014, which used the term to define eight top-tier law firms in China. The eight firms include: Commerce & Finance (通商), Global Law Office (环球), Haiwen & Partners (海问), Jingtian & Gongcheng (竞天公诚), Jun He Law Offices (君合), King & Wood Mallesons (金杜), Zhong Lun (中伦), in Beijing; and Fangda (方达) in Shanghai.[1] The list was later repeated by The Lawyer in its 2014 issue of a China-focused legal market report.[2] Since then, the term and the list have been adopted in China by other media.[3]