Elite ‘red circle’ firms Zhong Lun and Jun He plot merger

Back in September 2013, The Lawyer has predicted that there would be a new wave of domestic consolidation among Chinese firms resulting in the emergence of a new look ‘red circle’.

Yun Kriegler
Yun Kriegler

Last week, revelations that two of China’s elite firms, Jun He and Zhong Lun, are mulling a possible merger, got the legal market talking. It followed news that Zhong Lun has taken on a 22-partner team from legacy Kaiwen, which is parting from Grandway with whom it merged in 2012.

Should the deal between Jun He and Zhong Lun go ahead, it will have ramifications around the globe.

Some lawyers have compared the merger attempt to being as transformative as that between Coward Chance and Clifford Turner in 1987, which created today’s magic circle firm Clifford Chance.

Should the deal get the green light, it will surely be a ground-shifting move for the country’s legal profession.

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