The international law firms announced merger talks at the beginning of February and have now confirmed the combination is going ahead.
In a joint statement released today (February 21st) Chadbourne and Norton Rose announced that they will combine in the second quarter of 2017. Post merger, the firm will have more than 1,000 lawyers in the US, including over 300 in New York. It will be home to more than 4,000 lawyers in 58 offices across 32 countries.
In the announcement, Peter Martyr, Norton Rose Fulbright’s Global Chief Executive, said: “We are delighted to unite Norton Rose Fulbright with Chadbourne & Parke to create a global law firm that few can match. Chadbourne has a proud history, and is known for its world class practices in energy, infrastructure, banking and finance. Joining forces with our new colleagues, we can offer our clients significant new capabilities in New York and Washington, DC. We will benefit from new offices in Mexico City, São Paulo and Istanbul, and we will be able to offer our clients expanded capabilities in London, Dubai, Latin America and other key markets.” Meanwhile, Andrew Giaccia, Chadbourne & Parke’s Managing Partner, commented: “Coming together will give us the ultimate advantage of offering superior legal service in virtually all of the world’s key business and financial centers. Our firms share a strategic vision and client focus, and we have highly complementary practice and industry strengths. Following the combination, our global offerings will be virtually unrivalled in many areas, from energy and infrastructure to finance, bankruptcy and restructuring, litigation and regulatory work.”
As reported by The Latin American Lawyer, neither legacy firm has offices in Spain, however their Latin American footprint does not overlap: Norton Rose has offices in Bogota, Caracas and Rio de Janeiro while Chadbourne is in Mexico and Sao Paulo. The firms also share the same building in New York.
Following the merger, the new entity will fly the flag of Norton Rose Fulbright, with the Chadbourne brand disappearing after 115 years in the market.