Posted Nov 14, 2012 03:05 pm CST
Corrected: Fulbright & Jaworski and Norton Rose have announced plans for a merger that will create a global law firm with 3,800 lawyers and nearly $2 billion in revenues.
The new firm will be called Norton Rose Fulbright, according to a press release, Legal Week, the Lawyer, Reuters, the Wall Street Journal Law Blog and the Am Law Daily. The merger will take place in June 2013, creating an entity that is among the world’s 10 largest law firms.
The combined firm will have 55 offices across the United States, Europe, Asia, Australia, Canada, Africa, the Middle East and Latin America. Norton Rose chief executive Peter Martyr will be the global chief executive of the merged firm. Fulbright chair-elect Ken Stewart will be managing partner of U.S. operations.
The two law firms were said to be in merger talks for more than a year, according to the Lawyer. Norton Rose has a verein organizational structure in which its global offices operate independently, Reuters says.
Updated at noon to correct revenue figure and add Am Law Daily coverage.