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December 9, 2008 9:33 AM

Legal Week: Clifford Chance, Mallesons Merger Off

Posted by Zach Lowe

Clifford Chance and the Australian firm Mallesons Stephen Jacques have called off preliminary merger talks, according to Legal Week, an Am Law Daily sibling publication.

The two firms first talked merger in 1999, and the discussions started up again this year, Legal Week says. The merger would help Clifford Chance continue expanding its presence in the Australia-Asian market, experts said; the firm was one of six major international firms to receive licenses to open offices in Singapore last week.

The firms called off the merger in part because of the crumbling global economy, the paper says.

Mallesons has five offices in Australia and a network in Asia covering Hong Kong, Beijing, and Shanghai, as well as offices in Papua New Guinea, Legal Week says. The firms have been working closely since nearly merging in 1999, when Clifford Chance chose to combine with the U.S. firm Rogers & Wells instead, Legal Week says.

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