Dacheng, China's largest law firm by lawyer headcount, has officially joined its large PRC rivals King & Wood and Jun He in New York, opening its new branch on Wall Street last week.

"During the global financial crisis, more Chinese companies have marched into Wall Street and expanded in the US market. In the post-GFC era, the interaction and relation between China and the US will create even more opportunities for PRC businesses and law firms. The timing of the launch - on the second anniversary of the GFC - is of significance to us," said Dacheng's senior partner Xiao Jinquan, who is in charge of the preparation of the New York opening.

Just a short stroll to the New York Stock Exchange, Dacheng's Wall Street office will mainly focus on M&A, PE, listing, asset management, IP, international trade cases and dispute resolution. New York is Dacheng's second location in the US - the firm established a branch office in Los Angeles and entered into a strategic alliance with California firm Matthews Wilson and Hunter last June.

The newest addition to Dacheng's global network is headed by partner Dong Huachun, the current head of capital markets practice who is dual-qualified in New York and the PRC. Prior to joining Dacheng in January this year, Dong worked in the Division of Corporation Finance and Division of Enforcement of United Stated Securities & Exchange Commission for about two years, participating in investigations of listed companies who violated American securities laws and related rules. ALB