What makes a merger? That’s the question being asked this week, after U.K. firm Norton Rose announced deals with Canada’s Ogilvy Renault and South African firm Deneys Reitz. The combined business will rank as one of the world’s top 10 firms by headcount when the three-way tie-up takes effect next June, boasting more than 2,500 lawyers in 38 offices worldwide and gross revenue of over $1 billion.

For Norton Rose, the moves represent continued progress in its strategy to target Asia and the global natural resources market. Not everyone is convinced. Detractors have been quick to point out that, as with Norton Rose’s union with Australian giant Deacons, which took effect at the beginning of the year, the firms will not share profits — at least, not initially.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]