Jones Day Foundation Establishes Chair Professorship Fund for Peking University

BEIJING, May 31, 2012 /PRNewswire-Asia/ -- The law firm Jones Day, through its non-profit foundation funded by donations from attorneys and staff, has announced the establishment of the Peking University - Jones Day Chair Professorship for Globalization and Rule of Law to support the university's efforts in recruiting and retaining world-leading academicians. Stephen J. Brogan, Jones Day Managing Partner, will formally present the Firm's RMB 5 million donation to Peking University officials and faculty at the University on May 31.

"The foundation's gift is intended to support Peking University's distinctive leadership in training students in the most important traditions of the legal profession," said Mr. Brogan.  "Jones Day's presence in China is premised on the Firm's long held view that all the great nations and economies of the world are based on the same or similar legal principles and that it is the duty of a lawyer to articulate and advance those principles to achieve justice for the client and to advance the rule of law. Globalization is the most significant development in the history of the practice of law and as it continues its inevitable march forward, the authentic development of the rule of law will achieve the greatest benefits for the most people in our consolidating world. We look forward to working with Peking Law School in filling our duties as lawyers in a globally changing world."

"Peking University has always been a proud contributor to the development of China, and today is striving to establish itself as a world-class institution," said Mr. Wu Zhipan, Executive Vice President of Peking University. "We are grateful to be joined in this effort by the Jones Day Foundation, and see the Firm's Chair Professorship Fund as a critical next step in attracting top academic talent."

Jones Day has a long history of public service, community involvement, and pro bono work in all of its locations around the world. Each Jones Day office has a designated Partner-in-Charge of pro bono to develop the reach of the Firm's activities. "Our commitment to helping others is central to the Firm's institutional character," continued Mr. Brogan.  "As our global reach has extended further and deeper, we have looked for new and creative ways to serve and improve all of the communities that have been instrumental to our success."

"As a global law firm with four offices in Greater China, and a substantial presence in the Asia-Pacific region, we take great pride in investing in the communities we operate in, helping to advance the rule of law, and further the development of legal education in China," said John Kao, Partner-in-Charge of Jones Day's Beijing office. "As the complexity of deals and dispute resolution continues to increase, we remain steadfast in our commitment of developing leading local talent who will help to train future generations here."

About Jones Day

Jones Day is a global law firm practicing in the major centers of business and finance throughout the world. Ranked among the world's best and most integrated law firms, and perennially ranked among the best in client service, Jones Day acts as principal outside counsel to, or provides significant legal representation for, approximately half of the Fortune 500, Fortune Global 500, and FT Global 500.

About Peking University

Founded in 1898, Peking University is a comprehensive and nationally important university in Beijing's western district of Haidian. The university's faculty includes 63 members of the Chinese Academy of Sciences, eight members of the Chinese Academy of Engineering, and 16 members of the Third World Academy of Sciences. The university combines research on important scientific subjects with specialized training of its students, and encourages interaction among its various disciplines, including basic and applied sciences, social sciences, the humanities, medicine, management, education, and law.

Contact:

Guo Meng
Jones Day, Beijing
mengguo@jonesday.com
+86 (10) 5866-1111

Sharon Tang
Ogilvy Public Relations, Beijing
sharon.tang@ogilvy.com
+86 (10) 8520-6565

SOURCE Jones Day