Japanese powerhouse Nishimura & Partners and Asahi Koma Law Offices are set to form the biggest law firm in the country following the firms’ shock announcement that they are to merge.
Nishimura and Asahi Koma last week signed a merger agreement in principle, but the name of the combined firm and the date for completing the integration has not yet been determined.
It is understood the two firms entered into merger talks earlier this year.
Aside from the firms’ expansion strategy, Nishimura and Asahi hope the merger will help to attract more associates to the new firm.
The merger marks an emerging trend among big Japanese law firms to merge with smaller firms in a bid to remain independent.