Law firms across Asia are increasingly feeling pressure to seek out mergers, motivated by competitiveness against both foreign and domestic players. One particular Malaysian firm, Rosli Dahlan Saravana Partnership (RDS), is actively looking for a local partner that could elevate the combined firm as among the largest in Malaysia, according to senior law firm partners in the region.
RDS, which has a solid foundation in tax law and dispute resolution, is not merely extending its head count in this search. The partner firm to tie up with them needs to showcase robust corporate and commercial prowess, along with a strong banking and finance department. As law firms strive to expand their reach and harness a ‘critical mass’, smaller firms express concern over being left behind and losing their share in the market, or worse, being rendered irrelevant.
For more detailed information on this development, see the full report on Law.com.