Well, the time of reckoning has come. Now that I am five years qualified (counting from the date of being sworn in to the New York bar), the time has come for me to sit for the OLQE, or Overseas Lawyers Qualification Examination in Hong Kong. This is essentially the bar exam, all over again.
My firm is in the process of converting from a registered foreign law firm to a local law firm, which is why we are all facing the music, from the partners on down to the last lowly associate. If I pass this exam, I am eligible to become a Hong Kong qualified lawyer.
The OLQE consists of five heads, or subjects: Head I, Conveyancing, Head II, Civil and Criminal Procedure, Head III, Commerical and Company Law, Head IV, Accounts and Professional Conduct and Head V, Common Law. Most foreign lawyers opt to take it five years after qualification in their home state because then they are eligible for exemption from Heads II, III and IV. An applicant admitted to practice in common law jurisdictions is automatically exempt from Head V. To have to take four or all five heads while working a full time job is truly grueling and daunting, so the firm is willing to give us a respite until we are eligible to take only one.
In order to be exempt from the other heads, I had to prepare a long application detailing my experience in the other subjects. A notary also had to come and witness all of my signatures. I received my letter last week informing me that I have been granted exemption from sitting Heads II-V, which means I only have to take and pass the one exam, Head I, Conveyancing. It's the best possible result, but it is still a bit grim as Conveyancing is the most archaic and complicated of the subjects.
I start taking bar prep classes in August and I can barely contain my joy. The date of the exam this year is October 28. Dun dun dun...