With
6,500 lawyers and professionals in 120 locations, new firm answers
clients' call for broader experience, deeper business knowledge and
greater cultural insight around the world
BEIJING - Tuesday, January 27th 2015 [ME NewsWire]
(BUSINESS
WIRE)-- At a signing ceremony today, in an historic first, 大成
(pronounced "da CHUNG"), a leading law firm in China, and Dentons, a top
10 global law firm, announced a combination that will be unique in the
marketplace. The result will be the only firm to offer seamless service
across Africa; Asia Pacific; Canada; Central Asia; Europe; the Middle
East; Russia, CIS and the Caucasus; the United Kingdom (UK); the United
States (US); and all 34 of China's regional administrative divisions.
Challenging the status quo through an historic combination.
The
new firm will have more than 6,500 lawyers and professionals in 120
locations in more than 50 countries. It is the first combination of a
leading Chinese firm and a top 10 global firm. The new firm will provide
clients with more advantages, including:
A
polycentric approach. With no one global headquarters and no dominant
national culture, the firm will proudly offer clients talent from
diverse backgrounds and countries, with deep experience across many
geographies and every tradition of law. The new firm offers the local
cultural understanding required to get a deal done or dispute resolved
in communities around the world.
Broader and deeper offerings
around the globe. The combination of a polycentric, global firm with a
leading Chinese firm will offer clients seamless service, global
presence and local knowledge.
Reinvented client service. The
new firm will reinvent client service, harnessing new technologies to
enhance client support and deliver higher quality services while
prioritizing client confidentiality and data security.
Brand
The
new firm brand unites the names of both firms in an elegant logo, which
symbolizes a combination of Eastern and Western cultures. In spoken
references, the new firm would be called "北京大成律师事务所" in Chinese, and
"Dentons" in other languages. Further information about the new firm’s
naming convention may be found here www.dentonscombination.com.
Leadership and structure
The new firm will be led by:
Peng Xuefeng, the present Director and Founding Partner of 大成, and
Chairman of the standing committee of 大成, will be the Chairman of the
Global Board and the Chairman of the Global Advisory Committee of the
new firm.
Joe Andrew, currently the Global Chairman of Dentons, will be the Global Chairman of the new firm.
Elliott Portnoy, currently the Global Chief Executive Officer of
Dentons, will be the Global Chief Executive Officer of the new firm.
"This
combination between the premier law firms of China and the West is
truly the first of its kind. Our new firm will serve as a highly
integrated platform for efficient legal services, and build bridges that
facilitate cooperation and exchange for Chinese and Western clients
alike. We will help our clients navigate the most complex legal and
business environments worldwide, providing unique professional legal
services. Together, we are taking an unprecedented step forward in our
profession--a ground-breaking milestone in the history of international
law firms," Peng said.
Andrew commented, "With more
lawyers in more places where our clients do business, this combination
is not about being the largest law firm in the world it is about
understanding what our clients need and delivering it. As the only big
10 firm not headquartered in the US or UK, our polycentric approach
reflects how the global economy has fundamentally changed and the legal
profession must change with it." Andrew will be the Global Chairman of
the new firm.
"With the largest and fastest growing
economy in the world, the attraction of China to our clients is strong.
All of our competitors are looking East," said Portnoy. "By uniting East
and West in one firm—not merely through a few offices in large cities,
but with a deep presence across China—we can provide Chinese businesses
with global ambitions and international clients with interests inside
China a reach and depth that simply can't be found elsewhere." Portnoy
will be the Global Chief Executive Officer of the new firm.
The
new firm will have five regions—Asia, Canada, Europe, the UK and the
Middle East (UKMEA), and the US—each led by a regional chief executive
officer. A 19-member Global Board—comprised of 14 members from Dentons,
and five from 大成—will include representation from each region, and a
Global Advisory Committee will be comprised of all members of each
region's board. The new firm would be structured as a Verein, a
structure common among the world's top global law firms.
About 大成
Founded
in 1992, 大成 is one of the first and largest law firms in China. 大成 is
home to more than 4,000 licensed attorneys and professionals worldwide.
Headquartered in Beijing, 大成 has more than 51 branches and offices,
enabling the firm to offer seamlessly integrated legal services to its
clients on a global basis.
大成 and its lawyers have
earned numerous outstanding honors and awards through years, including
being named “Outstanding National Law Firm” by the All China Lawyers
Association for several consecutive years, holding the top spot on Asian
Legal Business' "ALB 50: Asia's Largest Law Firms" and being named
number one on The Asia Lawyer's 2015 "The Asia 50" and "The China 20"
list.
About Dentons
Dentons is a
global law firm driven to provide clients a competitive edge in an
increasingly complex and interconnected world. A top 20 firm on the
Acritas 2014 Global Elite Brand Index, Dentons is committed to
challenging the status quo in delivering consistent and uncompromising
quality in new and inventive ways. With a legacy of legal experience
that dates back to 1742, Dentons was formed by the combination of
international law firm Salans LLP, Canadian law firm Fraser Milner
Casgrain LLP (FMC) and international law firm SNR Denton. Dentons'
clients now benefit from approximately 2,600 lawyers and professionals
in more than 75 locations spanning 50-plus countries across Africa, Asia
Pacific, Canada, Central Asia, Europe, the Middle East, Russia, CIS and
the Caucasus, the UK, and the US. The firm serves the local, regional
and global needs of a broad spectrum of clients, including private and
public corporations; governments and government agencies; small
businesses and startups; entrepreneurs; and individuals.
Legal Notice
This information relates to a proposed combination of Dentons and 大成, and their members and affiliated undertakings.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150126006095/en/
Contacts
Dentons
Ashley Burke,
469-601-5362
Ashley.burke@dentons.com
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