A conclusion to the sorry saga which has been the European partnership woes of King & Wood Mallesons (KWM) is expected to come to an end this week, while staff have been told they will continue to be paid throughout the process of finding a merger partner.
Last week KWM said it was holding deeper discussions with merger candidates, having received a number of offers. Dentons and KWM’s Asian arm are among the candidates for the remainder of the business, which is carrying more than £30m in debt.