Foreword: On October 14, 2017, “New Intelligence·New Brand·New Alliance——2017 2^nd China Emerging Legal Service Industry Forum” was successfully held in Shanghai. Liu Guangchao, Secretary General of Green Legal Global Alliance and Director of Beijing DOCVIT Law Firm, was invited to attend the Forum and delivered a wonderful speech. This Forum was jointly organized by Shanghai Law Society, East China University of Political Sciences and Law and lvxinnews and attended by over 200persons, including practitioners of domestic emerging legal service industry as well as persons from universities, colleges, enterprises, law firms, investment community and media. In the meeting, the first legal service industry investment fund (under preparation) in China were jointly established by GLGA, ECUPL China Legal Service Industry Research Center and lvxinnews.

In the Forum, Tang Bo, Vice President of East China University of Political Sciences and Law, Guo Weiqing, Vice President of Higher People’s Court of Shanghai Municipality, and Lin Guoping, Executive Vice Chairman of Shanghai Law Society, delivered speeches. In the keynote speech, multiple institutional representatives of emerging legal service industry shared their field experience. Secretary General Liu Guangchao gave his comments and interaction around the Forum theme and sharing content. He said that, “In recent years, continuous innovation of emerging technologies promoted profound transformation of industrial structure of China. Driven by big data, AI and other technologies, China’s legal service industry entered a new era of innovation and transformation, and the new dynamics released by the cross-border integration among industries opened a new pattern for legal industry. In this context, by positively embracing Internet and facing challenges in the wave of transformation, China’s legal service industry takes a road of new legal service with the Chinese characteristics under the increasingly complex market environment.” He mentioned that, “The legal industry driven by technology reveals brand-new industrial features and market demand. It should pay attention to overall industrial operation while pursuing own development, build the industrial community and promote the cross-border integration and development of legal community and other social industries so as to generate a powerful force and play a role in the construction of rule of law in China and promoting the healthy and benign social operation.”

In order to provide powerful support for the development of China’s legal cause and integrated industrial development, in the Forum, GLGA, ECUPL China Legal Service Industry Research Center and lvxinnews jointly set up the first legal service industry investment fund (under preparation) in China. Secretary General Liu Guangchao delivered a keynote speech of “How Investors Treat the Start-up of Legal Service Industry”, which analyzed the influence of capital intervention on the industry, fully interpreted the important role of industrial investment funds for the development of emerging legal service industry. He said that, “Developing the industrial investment funds has important practical significance for China’s legal service market. The legal service industry plays a great role in promoting normal national operation, safeguarding social fairness and justness and driving the healthy and orderly development of market economy. As the first domestic cross-border alliance centering on law, Green Legal Global Alliance will continuously promote the integrated development of law and other social industries during its operation, explore and stimulate the release of huge energy of law in cross-border and build a green three-dimensional legal ecosphere by pooling the efforts of the whole industry. The first legal service industry investment fund in China established today will provide guarantee for further development of vast excellent emerging legal service institutions in China and stimulate new dynamics for exploring the legal industry blue ocean at a deep level, boosting the industrial innovation and breakthrough and leading the new direction of China’s legal cause.”

Along with the continuous alteration of technology, China’s industries are facing unprecedented challenges and choice in the new wave. The disrupting power brought by AI will impel more industries to continuously break through the conventional thoughts and seek the path of innovative survival. In face of such trend, more and more legal service institutions are breaking the industrial barriers and positively conducting cross-border with other social industries in combination with technological strength so as to inject new vitality in the healthy and sustainable development of rule of law in China. Through industrial dialog and exchange around new intelligence, new brand and new alliance and the establishment of the first legal service industry investment fund in China, the Forum made positive and profitable exploration and practice for the healthy and sustainable development of China’s legal cause, fostered a sound environment for building new ecology of industrial innovation and integration and created new development opportunities.