Norton Rose's US merger wins plaudits as doubts surround ambitious Dentons deal
Norton Rose's transatlantic tie-up with Fulbright & Jaworski has received broad approval from law firm partners, against a more sceptical reponse to the other major merger deal of recent weeks – the proposed three-way union of SNR Denton, Salans and Canada's Fraser Milner Casgrain (FMC). Legal Week's latest Big Question survey found that 61% of partners believe Norton Rose's merger with US firm Fulbright – which is set to go live in June 2013 – is a good deal, with 19% unsure and the remaining 20% having a negative view of the tie-up.
Partners predict rise in transatlantic mergers will pile pressure on traditional firms. Pui-Guan Man reports
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