The unraveling of King & Wood Mallesons’ grand global experiment has been both sudden and dramatic.

Just over three years ago, London-based SJ Berwin joined forces with King & Wood Mallesons—itself the product of a merger between China’s King & Wood and Australia’s Mallesons Stephen Jacques—in a pioneering deal. The first-ever combination of leading practices in Asia and London was supposed to create an entirely new breed of international law firm, one that would have unrivaled access to lucrative outbound work for major Chinese corporations.

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