Elite 'red circle' firms Zhong Lun and Jun He plot merger as consolidation grips China legal market

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  • Poor SJ Berwin. They thought they were merging with the biggest outfit in mainland China and now they're already falling behind.

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  • Sensible move which will provide more resources for overseas expansion. Note that the revenues are artificially low due to the current exchange rate, the figure in sterling will rise significantly in the coming years as the RMB becomes a more normal currency.

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  • @Freesmith Actually SJ Berwin grossed £180m or so on their own in the last financial year before the KWM combination, so I don't think they'll be too worried on a critical mass level.

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