For the past decade, Fulbright & Jaworski and Norton Rose had been rumored to be in merger talks, even though lawyers at the two law firms contended they were merely “best friends” with benefits. On Wednesday, the firms made their relationship official and permanent, announcing a merger that makes the new firm, which will be called Norton Rose Fulbright, one of the 10 largest in the world.
The new combined law firm will boast 55 offices and 3,800 lawyers around the globe with annual revenues approaching $2 billion. Read the full story for more details.