Law firms Norton Rose and F&J join forces
Move will catapult merged firm into the big league
By Gaurav Sharma | CFO UK | Published 15:10, 14 November 12
UK law firm Norton Rose and its leading US peer Fulbright & Jaworski will combine practices on 1 June to form Norton Rose Fulbright, it was announced on Wednesday.
Norton Rose Fulbright will have 3,800 lawyers and the enlarged practice will have 55 offices internationally, including 11 offices and close to 800 lawyers in the lucrative US legal market.
The firm will also have an office in Riyadh and additional strength in London, Dubai, Beijing, Hong Kong, and Munich. Additionally, the combined law firm will establish a global regulatory and investigations practice.
Peter Martyr, chief executive, Norton Rose, said, “The US legal market is the largest in the world and our combination will create a truly global practice with significant depth of expertise in the world’s principal business and financial centres.”
Steven B. Pfeiffer, chair of Fulbright & Jaworski’s executive committee, commented, “Fulbright’s combination with Norton Rose will expand our global platform and enable us to provide an even broader range of services to our clients. We will be an international leader in providing seamless and superior client service.”
Peter Martyr will be the Global Chief Executive of Norton Rose Fulbright. The move will catapult both firms, currently in the leading 100 group, to the top 10 of global legal practices by revenue and number of lawyers.
However, the move will not alter the pyramid of the global top 5 law firms led by Baker & McKenzie followed by Skadden, Arps, Slate, Meagher & Flomand and Clifford Chance. Linklaters and Latham & Watkins complete the top five.
Share:Facebook Twitter Google Plus Stumble Upon Reddit Share This Email this article
Examining how CFOs can improve the way they report back to the boardmore ..
Mobile giant acquires the remaining 11% it did not already ownmore ..
FCA’s review found 73% of firms failed to provide adequate informationmore ..
Rules requiring telcos to retain communications metadata are disproportionate, the court saidmore ..
Litigation funding is a very useful tool for CFOs but not a panacea for all legal mattersmore ..
Corporate governance is a powerful tool in a C-suite executive’s arsenalmore ..