Frequently Asked Questions

22 2026-10

What is the difference between legal advice and hiring a lawyer?

The lawyer explained the differences between legal consultation and hiring a lawyer: consultation only obtains opinions and does not form an agency relationship; whereas entrusting a lawyer establishes an agency relationship that entitles the client to review case files and attend court hearings. The lawyer also highlighted the key points regarding contract signing and statutes of limitations.

Learn more >
22 2026-10

How are qualified private investors identified?

The lawyer explained the criteria for identifying qualified private investors: individuals must have a financial asset of no less than 3 million yuan or an average annual income of no less than 500,000 yuan over the past three years, while institutions must have a net asset of no less than 10 million yuan. He also highlighted the key points of appropriateness and compliance.

Learn more >
22 2026-10

What should you do if you encounter unfair contract terms?

The lawyer explained that if one encounters unfair contract terms, they can legally claim that the terms are invalid or not applicable. The lawyer also provided guidance on the obligations to provide clear explanations of standard contract terms, how to determine whether the terms are grossly unfair, and the paths for filing complaints and lawsuits.

Learn more >
22 2026-10

How are company equity shares divided during a divorce?

The lawyer explained that when dividing the company's equity in a divorce, it is necessary to distinguish between pre-marital and post-marital assets and the sources of investment. He also pointed out other paths for dividing the equity, such as the right of first refusal for other shareholders, value assessment, and compensation for the equity value.

Learn more >
22 2026-10

How is the liquidated damages calculated in contract disputes?

The lawyer explained that the contractual penalty for breach of contract shall be determined in accordance with the agreement, and if the agreement is unclear, it shall be determined based on the losses. He also provided guidance on the calculation basis, the starting time, the rules for adjusting the penalty that is too high or too low, and the key points for providing evidence.

Learn more >
22 2026-10

What is the scope of the exercise of the right to revoke bankruptcy?

The lawyer explained the scope of the exercise of the right of bankruptcy revocation, distinguished between acts committed within one year and six months before the acceptance of the bankruptcy case, and listed revocable causes such as gratuitous transfer, unreasonable transactions, and individual settlements.

Learn more >
22 2026-10

Why do entrepreneurs need family law consultants?

This shows that entrepreneurs need family legal advisors due to the intertwining of family and business assets. It also suggests using property agreements, equity isolation, and inheritance arrangements to prevent the impact of marital changes and inheritance on the business.

Learn more >