Norton Rose in Late Stage Merger Talks with Chadbourne

Norton Rose Fulbright and the smaller, New York City based Chadbourne & Parke, are in late stage merger talks, one source involved in the process said, highlighting the latest signal that the legal market hasn’t yet had its fill of blockbuster merger activity.

Both firms confirmed discussions about the possible combination Thursday afternoon, although leaders did not specify where the talks stood.

The combined entity, if approved by a vote of the firms’ partnerships, would staff around 3,600 lawyers around the world with approximately $2 billion in revenue, according to the latest financial figures reported in The American Lawyer’s 2016 ...