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In the first major U.S.-Canadian cross-border law firm merger, New York’s 75-lawyer Haythe & Curley and Toronto’s 225-lawyer Tory Tory DesLauriers & Binnington have announced their union, effective last week. The two business law firms, which will be known as Tory Haythe, will share management of the new firm. Tory’s Les Viner has become the managing partner, and Haythe’s Thomas M. Haythe is the presiding partner, in charge of strategy and client development. Haythe noted that “there have been a sizable number of very large Canadian multinationals pushing south toward the U.S. capital markets.” That made it clear to him that a top Canadian firm was needed in New York. While Tory gets New York, Haythe said, his firm will benefit because the merger with Tory “puts us where it would otherwise have taken us 10 years to be – in terms of size and clout and international position.”

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