Norton Rose expands as buys up rivals

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeUndoLiver HealthAdvertisement 1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndo KCS-content CITY law firm Norton Rose has taken over two rival firms, in a move that adds more than 650 lawyers to its payroll and takes annual turnover above $1bn (£622m) for the first time. Canadian firm Ogilvy Renault and Deneys Reitz, which is based in South Africa, will adopt the Norton Rose name from 1 June 2011, taking the total number of lawyers in the group to 2,500, with 750 partners across 38 offices on five continents. There will be no immediate staff transfers, but the firm expects large numbers of staff to move between offices in the long term, echoing Norton Rose’s merger with Australia-based Deacons at the start of the year. Partners at both firms approved the deal in June. The managing partner of Ogilvy Renault, John Coleman, and the deputy chairman of Deneys Reitz, Rob Otty, will join the group’s executive committee. Norton Rose chief executive Peter Martyr said: “Canada and South Africa are increasingly influential economies for our clients in the energy and natural resources, infrastructure, technology and financial institutions sectors.“Ogilvy Renault and Deneys Reitz give the group increased strength and depth of resource and expertise in these sectors,” he added. Several London law firms have a presence in Africa, including Eversheds and DLA Piper, though the deal is thought to be the first full merger between a UK and a South African firm. Deneys Reitz is one of the largest commercial law firms in the country, with a particular focus on international financial services. Norton Rose announced a nine per cent increase in revenue for the first half of the financial year last week, with fee income rising to £155m, following last year’s two per cent drop in annual revenue to £307m. The group said strong performance in the Middle East and Asia had driven growth. Norton Rose also announced a tie-up with Australia’s eighth largest law firm Deacons in Australia last June. whatsapp Monday 15 November 2010 9:03 pm Sharecenter_img whatsapp Show Comments ▼ Norton Rose expands as buys up rivals More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child Tags: NULLlast_img