Norton Rose Completes Eighth Deal in Seven Years; Now the Real Work Begins
Thanks to its latest combination, serial acquirer Norton Rose now has around 4,000 attorneys, a quarter of which are in the United States, as well as a network of 58 offices in 32 countries, and annual revenues of about $2 billion.
June 30, 2017 at 04:42 PM
44 minute read
So, after roughly a year of negotiations, the deal between Norton Rose Fulbright and New York-based Chadbourne & Parke is finally complete.
Thanks to its latest combination, serial acquirer Norton Rose now has around 4,000 attorneys, a quarter of which are in the United States, as well as a network of 58 offices in 32 countries, and annual revenues of about $2 billion. Big Law indeed.
If large-scale law firm mergers are widely accepted to be extraordinarily difficult things to pull off, somebody clearly hasn't told Norton Rose. By my count—and I've almost certainly missed some—this is the firm's eighth full-blown merger or acquisition in the past seven years. The legacy Norton Rose's revenue has increased by approximately 400 percent over that time, while its lawyer head count has quadrupled. Growth doesn't necessarily mean anything in and of itself, of course, but that's still pretty remarkable.
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Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
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Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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