Fri, 24 May 2013
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King & Wood Mallesons &... Someone Else
Who on earth would look at a merger between law firms in the UK and respond "They should be looking at China"? Is the Lawyer quoting the marketing department of KWM? If the "Asia-Pacific powerhouse" (the Lawyer's word, not ours) of King & Wood Mallesons is anything to go by, a merger with a Chinese law firm is a good way to lose business and embarrass yourself. We have gained nothing by merging with KW and lost a great deal. We do not share systems or finance with the China outfit, and have lost clients who fear China's lack of client protection. The only perceivable benefit is that we can now attract the attention of the US or UK firms we were trying to merge with before being forced to look elsewhere. That's not a by-product, as the Lawyer seems to think - that's the sole purpose.
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