Does Norton Rose’s Oz deal deserve the stinging verdict?

Those still nursing delusions that senior City lawyers are a charitable bunch would have been swiftly disabused of that notion had they this week discussed the merits of Norton Rose’s surprise tie-up with Australia’s Deacons. The response can be summed up as a double helping of negative with a large side-order of snide. I’m not sure that’s fair. The move, which is the largest international union for years, is definitely a little off the beaten track – but then the road less travelled often turns out to be the most rewarding.