Plans are underway for the official launch of Dacheng’s second US office, in New York, less than a year after the firm formed an alliance with Los Angeles firm Matthews Wilson and Hunter to open on the West Coast.
“We choose our alliance partners by the strength of their local foundation, making sure they are capable of withstanding economic risks. Their clientele – publicly listed PE companies and MNCs – and corporate practice must also complement our specialities,” said Xiao Jinquan, Dacheng’s senior partner.
Xiao also said that since domestic expansion in China has eased, the firm will now focus on restructuring its global network and resources.
According to Xiao, Dacheng is now eyeing locations like South Africa, Dubai, Egypt, Vancouver, Washington DC, Toronto and Boston for future expansion.
The firm’s international expansion is part of its ‘Dacheng Globalised Legal Service Network’ program. Recent international expansionary moves have included an alliance with Singapore’s Central Chambers to form the Dacheng Central Chambers.
Dacheng Central Chambers and Indian firm Vaish Associates Advocates have since entered a ‘best-friends’ agreement to offer their clients greater access to China-India trade opportunities. Dacheng also recently formed an alliance with Israeli firm Shibolet & Co.
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