2009 was a momentous year for the firm one lawyer famously dubbed the ‘Baker & McKenzie’ of mainland China and Asia’s largest law firm. Dacheng not only opened 13 offices on the mainland in 2009, but also further strengthened its international network.
It sealed a joint law venture with Singapore’s Central Chambers which subsequently yielded a best-friends relationship with India’s Vaish Associates Advocates and an alliance with Malaysian firm Chris Chew & Co; opened an office in Taiwan; became the only Asian member of the World Service Group (WSG); and announced strategic alliances with Israel’s Shibolet & Co and US firm Matthews Wilson and Hunter out of which it has gained a Los Angeles office.
It’s the firm’s commitment to further expansion in terms of both coverage and headcount that make it one to watch in 2010. We eagerly await the next installment in Dacheng’s already riveting growth narrative and ask what market is next for this aggressive Chinese law firm. Watch for Dacheng to swallow niche players in the domestic PRC market and to open in the Middle East in the year ahead.
NEXT: A merger, a mainland China presence and some big deals mean this firm has the momentum to shake the Korean legal services hierarchy in 2010
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