When China’s King & Wood merged with Australia’s Mallesons Stephen Jaques last year, the move sent shock waves through the Chinese legal market. The first time that a Chinese firm had combined with a top-tier firm from outside China, the merger was a bold step toward King & Wood’s already announced aim of following its Chinese clients around the world. Jun He Law Offices, like China’s other prominent firms, watched carefully. In Jun He’s Beijing headquarters, the six members of its management committee met several times to ponder whether the firm needed to rechart its own strategy, given the changed competitive landscape.
The answer was no.
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