Dacheng breaks into the US Market

The new wave of opportunities in the US for PRC companies to buy good assets at good valuations has driven China's largest law firm, Dacheng Law Offices, to establish itself in that key market.

Dacheng has opened a branch office in Los Angeles and entered into a strategic alliance with Matthews Wilson and Hunter, a boutique California law firm with offices in Los Angeles, California and Frankfurt, Germany and affiliated offices in Washington DC.

Through the strategic alliance, Dacheng's LA office aims to extend the firm's global reach and make quality legal services more accessible to Mainland clients in the US market. "Dacheng and MWH both recognize the importance of growing an international platform. MWH's mission and market development plans align with ours and they have the resources and standing to meet Dacheng's requirements," said Xiao Jinquan, senior partner of Dacheng. "Setting up an office in the US makes our legal services more accessible to Chinese locals living in LA."

Dacheng's LA office, the firm's first US branch, is headed by partner Xiao Ling. The firm now has 22 domestic branches and four overseas, as well as alliances in over 12 countries. Earlier this year, the firm set up an office in Singapore (JV) and Taiwan. In the near future, the firm plans to expand its presence in the US by adding offices in New York and other parts of the US.

Meanwhile, the newly forged relationship enables MWH - led by partner Leodis Matthews, Donald Wilson and Naren Hunter - to add China to its global platform.

In recent years, many PRC law firms have come to realise the need to break into global markets and have forged many international alliances. The strategic alliance between King & Wood and Australian firm Gilbert + Tobin, the strategic alliance between McDermott Will & Emery and Shanghai Yuan Da (MWE China) and the establishment of the Sino-Global Legal Alliance are just a few of the manifestations of the urgent need for PRC firms to have multi-jurisdiction capabilities.


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