Rumors had swirled recently that Chadbourne was looking for a combination, especially after some partners left the firm, including corporate
and project finance partner Margarita Oliva Sainz de Aja, who joined Baker McKenzie last month, and bankruptcy partner Douglas Deutsch, who joined Clifford Chance last summer.
Norton Rose Fulbright posted global revenue of $1.74 billion in 2015, the latest year for
which figures were available; Chadbourne had $249 million in revenue the same year.
The merger, which is to take effect in the year’s second quarter, is the second large-scale combination
for Norton Rose, whose biggest previous merger partner was the Texas firm Fulbright & Jaworski in 2013.
The two firms, Norton Rose Fulbright and Chadbourne & Parke, will merge into a single entity
with more than 4,000 lawyers and expected annual revenue just under $2 billion.
Chadbourne received some negative publicity last fall when a female partner, Kerrie L. Campbell,
sued the firm for $100 million on behalf of current and former female partners.
Norton Rose and Chadbourne to Combine in Latest Merger of Large Law Firms -
By ELIZABETH OLSONFEB.