The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Chinese firm King & Wood has voted in favour of merging with Australian firm Mallesons Stephen Jaques, giving the green light for the deal to go ahead next year.
The partnership poll comes after Mallesons’ partners last month gave their backing to the tie-up (24 November 2011). The Mallesons vote had required a 75 per cent majority from its 170-plus partnership for the merger to be approved.
Mallesons and King & Wood have been in talks since at least July (21 July 2011).
The deal is expected to transform the global legal market by spawning a major international firm that did not originate in either the UK or the US.
Until recently King & Wood was in an alliance with Australia firm Gilbert & Tobin.
This is not the firm time a Chinese firm and an Australian firm have engaged in a tie-up. Australia’s Freehills entered into a non-exclusive deal with TransAsia in 2009 (16 September 2009) and King & Wood had an alliance with Australia’s Gilbert & Tobin, with whom it forged a relationship in 2007 (8 November 2007).