Law firm separation
International law firm King & Wood Mallesons has announced plans to separate into distinct Australian and Chinese entities, ending their 14-year partnership. The split, scheduled for March, concludes a union that was initially launched with great expectations but ultimately failed to realize its intended synergies. The decision to divide reflects the different strategic directions and market conditions in the two regions. This development will reshape the legal landscape in both countries and create new opportunities for the separated entities to focus on their respective markets.
What major change has been announced for King & Wood Mallesons?
King & Wood Mallesons has announced plans to split into separate Australian and Chinese firms.
When will the separation of the law firm take place?
The split is scheduled to occur in March, ending the 14-year partnership.
Why is the firm splitting after 14 years of operation?
The union never lived up to its promise, leading to the decision to separate into distinct entities.
Location: Raipur - C.G.
Category: TRENDS
