On March 5, 2018, China Business Law Journal, a renowned magazine in the field of law, announced its list of Law Firm Excellence Awards 2017-18, and Hwuason Law Firm was honored with the Law Firm Excellence Award in the field of taxation. Since 2014, Hwuason Law Firm has been honored with the Business Law Journal's Excellence in Taxation Award for four consecutive years due to its outstanding performance and market reputation in the domestic and international tax law service market.

The Business Law Firm Excellence Awards are based on testimonials and evaluations provided by legal counsel, executives and legal professionals of Chinese and foreign corporations focusing on the Chinese market, as well as extensive research with the firm's clients to determine their level of satisfaction with the firm's services. In addition to carefully considering the testimonials received, the awards also looked at outstanding deals, cases or other notable achievements of the firms in the past year.