Partners stand tall among their peers

Dacheng, Dentons merger will help more Chinese law firms go global, says top attorney

Though the entire global legal industry is pondering the odds of success for Dacheng and Dentons after their merger, Peng Xuefeng, founder and president of the Beijing-based Dacheng Law Offices, remains unflattered and says that it was a "now-or-never" opportunity.

Dacheng's alliance with international law firm Dentons has created the world's largest law firm by attorney headcount. The legal giant is also the first global law firm that has a significant presence in the world's two major economic powers - the United States and China.