Bringing together 2,475 lawyers and more than $1 billion in revenues, the marriage of London’s Clifford Chance and New York’s Rogers & Wells L.L.P., the first trans-Atlantic law firm merger, is all the buzz in New York, where competition for the capital markets legal work will be most affected by the union.

The new firm, to be known as Clifford Chance Rogers & Wells in the United States, also made news when it announced on July 12 that it intends to merge with Germany’s Punder, Volhard, Weber & Axster after a partner vote in September. More headlines could come from the firm’s talks with Australia’s Mallesons Stephen Jacques. But are most lawyers following the story of the rise of this multinational law firm?

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