Tuesday, June 23, 2009

Norton Rose & Deacons Merger

UK giant Norton Rose has announced today a merger with Australian firm Deacons to take effect from 1 January 2010.

After many years of speculation and failed talks between large Australian and UK firms (Clifford Chance and Mallesons, etc), we finally see a solid example of two leaders from their own markets fully merging to create a true global footprint.

The new Norton Rose Group will have a turnover of more than GBP420m (AUD864m) and in excess of 1800 fee earners in 29 offices worldwide. In the Asia Pacific region, it will bring together more than 700 fee earners operating from 12 offices in Bangkok, Beijing, Brisbane, Canberra, Hong Kong, Jakarta, Melbourne, Perth, Shanghai, Singapore, Sydney and Tokyo.

From 1 January 2010, Norton Rose Group will be led by Group Chief Executive Peter Martyr, the current Norton Rose LLP Chief Executive, and Deputy Group Chief Executive Don Boyd. Full press

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