November 15, 2010 9:28 AM
U.K.'s Norton Rose to Merge with Ogilvy Renault and South African Firm
Posted by Chris Johnson
Norton Rose has announced plans to merge with Canada's Ogilvy Renault and South African firm Deneys Reitz, reports the London-based publication Legal Week.
The combined practice will be one of the world's tenth largest by head count, boasting over 2,500 lawyers across 38 offices worldwide and revenues of more than $1 billion, according to a spokesperson for Norton Rose. The U.K. firm ranked sixty-seventh in The American Lawyer's annual Global 100 survey this year, with gross revenue of $481 million.
The mergers, first reported by RollOnFriday early Monday, follow Norton Rose's merger with Australian firm Deacons, which took effect in January. Norton Rose chief executive Peter Martyr said the moves are a continuation of the firm's strategy to target the fast-growing Asian market and the energy, mining, financial institutions, and life sciences sectors, Legal Week reports.
The Ogilvy and Deneys mergers were approved following a partnership vote last weekend. The two firms will join the Norton Rose Group, the firm's international parent company, on June 1, 2011. As with Deacons, they will initially operate with separate remuneration and partnership structures.
Click here for the full report from Legal Week.
Make a comment