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China: Dentons-Dacheng merger to create world’s largest law firm

 |  January 22, 2015

Dentons plans to merge with one of China’s biggest law firms to create the largest global law firm by attorney headcount.

Chinese law prevents a full merger of domestic and international law firms. To counter this Dentons, a global law firm, and Dacheng, a growing local firm, have chosen a Swiss verein structure that allows firms based in different countries to combine under a single brand while keeping their finances separate.

Partners of both firms voted to approve the deal, which is pending final approval by Chinese regulators later this year.

The new firm is to be known as Dentons outside of China and Dacheng inside China.

Full Content: The Wall Street Journal

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