Dentons-Dacheng merger triggers shock and admiration, but what are the new firm's chances of success?
Lawyers ponder whether move will trigger wave of US/UK-China tie-ups
Words used to describe the merger between transatlantic firm Dentons and PRC behemoth Dacheng have ranged from ‘surprising’ and ‘brave’ to ‘shocking’. The deal, which was approved by partners earlier this month and formally signed last week following regulatory approval, has created both the largest law firm in the world by headcount and the first with a significant presence in its two biggest economies – the US and China.
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