Norton Rose Fulbright has completed its combination with Manhattan-headquartered Chadbourne & Parke, strengthening its North and Latin American presence with a focus on the financial sector, its chief executive said.
The combination, which completed on Friday (30 June) following a delay arising from several material conflicts, will make Norton Rose Fulbright one of the 25 largest law firm offices in New York City.
The global firm now counts 1,000 lawyers in the US, of which more than 300 are based in New York.
The firm now has around 4,000 lawyers in 59 offices across 33 countries. The combination will in particularly improve its capabilities in litigation, white collar disputes, tax, Latin American finance and infrastructure work.
The combination will also strengthen Norton Rose Fulbright’s operations in project finance, creating what global chief executive Peter Martyr described to Legal Business as ‘probably the strongest project practice in the world’.
Martyr added that the reason for the combination was simple: ‘We wanted to grow our strength in the US, they wanted a much bigger international position. We both are strong in energy, infrastructure and finance and our strategies are similar: this made the proposition particularly attractive.’
He said the firm’s reach would extend to Mexico City and Sao Paulo.
Andrew Giaccia, former managing partner of Chadbourne & Parke, is now vice chair of Norton Rose Fulbright’s US management committee.