Following an announcement in December, Mallesons Stephen Jaques and King & Wood, two of the biggest firms in China and Australia respectively, have combined their practices to create King & Wood Mallesons.
The new legal powerhouse is the largest firm in Asia, with 14 of its 22 offices based in the region. With over 380 partners and 1800 lawyers King & Wood Mallesons is a full service firm offering clients an array of expertise in corporate and commercial services such as banking & finance, antitrust, M&A, employment, energy, I P and telecommunications.
The new firm’s creation was said to be driven by the desire to support clients seeking a streamlined service to help them to pursue commercial interests in Asia-Pacific markets.
Commenting on the merger, the former King & Wood chairman, Wang Junfeng who now holds the same position in the new firm said: “Our combined network will allow us to better support clients as they seek to take advantage of the opportunities in Asian markets. In particular, this combination offers an unrivalled platform to help international businesses within mainland China and Chinese companies and investors as they ‘go out’ to global markets.” Wang Junfeng is listed in The International Who’s Who of Corporate Governance Lawyers.
Stuart Fuller, formerly the chief executive partner of Mallesons and now global managing partner of the King & Wood Mallesons said: “With a common approach to clients, the markets in which we work and the services that we will offer, the combined firm will provide innovative business solutions and insight into the region’s key markets.”
Who’s Who Legal features 63 King & Wood Mallesons lawyers in 24 practice areas –the majority based in Australia where there are 34 lawyers listed.
Of these 63 nominees, 45 were previously at Mallesons with representatives in Hong Kong, China, Australia and England. King & Wood had 18 of its lawyers listed from its offices in Hong Kong and China.
The combination gives King & Wood its first ever presence in the Australian and British legal markets. It also strengthens Mallesons’ presence in Asia, increasing from 10 lawyers to 28 in our research.
M&A is the most represented practice area from King & Wood Mallesons in our books with nine lawyers featured. Seven lawyers from the new firm are listed in The International Who’s Who of Capital Markets Lawyers.
The new firm scores highly in our Asia research with 18 lawyers listed in China and six in Hong Kong offering counsel in relation to franchising, M&A, banking and capital markets.
Both King & Wood and Mallesons are previous winners of Who’s Who Legal awards: Mallesons was the Australia Law Firm of the Year award in 2011, the fifth consecutive time it received this recognition, and King & Wood won the corresponding award for China for the third time last year.
King & Wood, Mallesons Stephen Jaques