Norton Rose set to merge with US firm Fulbright & Jaworski
updated on 23 November 2012
Norton Rose has announced an impending merger with US firm Fulbright & Jaworski, which is set to be completed on 1 June 2013.
The announcement rounds off a year of negotiations, and will place the new Norton Rose Fulbright among the top 10 law firms worldwide in terms of revenue and lawyer numbers. Combined revenue is expected to be around $1.9 billion. As reported by The Lawyer, Norton Rose chief executive Peter Martyr had been in the United States since the Norton Rose partners' conference to tie up the deal.
In a statement which followed the merger's announcement, Martyr said: "We have been looking at the US market for a number of years, seeking a firm that meets our requirements for excellence in law, good business synergies and a compatible culture. Fulbright & Jaworski meets all our criteria. It is financially strong, with forward-looking management and similar strategic growth aspirations. As Norton Rose Fulbright, we will continue to invest in our strongest practice areas and develop our expertise across our key industry sectors. We also expect to continue extending our global business not only in the US, but in the emerging growth markets of the future, in particular in Latin America, Africa and Asia."
