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