In 1992, he was appointed member at-large of the Executive Council of Chris Patten (later Lord Patten of Barnes), the last British Governor of Hong Kong, and was appointed Commander of the Order of British Empire the same year. Li had served as Chairman of the Land Development Corporation, Deputy Chairman of the Inland Revenue Board of Review, member of the Securities Commission, the Law Reform Commission, the Standing Committee on Company Law Reform, the Banking Advisory Committee, and the Judicial Services Commission, and Honorary Secretary of the Hong Kong Bar Association. He had also served as steward of the Hong Kong Jockey Club. On the education front, Li had served as Vice-Chairman of the Council of the Hong Kong University of Science and Technology and Chairman of the University and Polytechnics Grants Committee. He had also served as a trustee of the Friends of Tsinghua University Law School Charitable Trust and as the Vice-Chairman of the School Council of St. Paul's Co-educational College of Hong Kong. Li has received numerous awards, including Honorary Degrees awarded by Hong Kong University of Science & Technology (1993); Baptist University (1994); Open University of Hong Kong (1997); University of Hong Kong (2001); Griffith University (2001), University of New South Wales (2002), University of Technology, Sydney (2005), Chinese University of Hong Kong (2006), Shue Yan University (2009), Lingnan University (2010), City University of Hong Kong (2010), Tsinghua University (2013) and University of Oxford (2013). He was made an Honorary Bencher of the Middle Temple in 1997, an Honorary Fellow of Fitzwilliam College, Cambridge in 1999, and an Honorary Fellow of St Hugh’s College, Oxford in 2016. Li was awarded the Grand Bauhinia Medal by the Hong Kong Government in 2008. He received the Woodrow Wilson Award for Public Service and the Sing Tao Leader of the Year Award in 2010. In the following year, he was made an Honorary Life Member respectively of the Hong Kong Bar Association and of the Law Society of Hong Kong. He is also a Patron of the Bingham Centre for the Rule of Law. Since his retirement from the post of Chief Justice, Li has devoted himself to education. He is Honorary Professor of Law at the University of Hong Kong, Chinese University of Hong Kong and the City University of Hong Kong, as well as a visiting Professor of Tsinghua University. Li is married with two daughters. His wife, Li Woo Mo Ying Judy, is a graduate of the University of Hong Kong (Social Sciences, 1970).