King & Wood to create legal alliance with Mallesons

China’s investment into Australia is extending into legal services as the countries’ two biggest law firms agree to join forces.

King & Wood to create legal alliance with Mallesons

Australia’s Mallesons and China’s King Wood are joining together to create one of the world’s biggest law firms. The two firms’ partnerships voted on the move last week and it will become effective from March next year under the name Mallesons King Wood, according to a joint statement issued on Friday.

The deal is structured as a Swiss verein, which is a form of alliance that will allow the two firms to maintain distinct profit...

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