A spokesperson for UK-headquartered law firm Olswang has confirmed that it is in talks with CMS and Nabarro for a potential three-way merger.
The spokesperson said that Olswang’s leadership team is in the middle of discussions with the other two firms. “The leadership believes that this combination will create a differentiated, modern firm that will combine scale with an exceptional depth of sector expertise,” she added.
The combined revenue of the three firms is estimated to be about $1 billion.
However, she pointed out that there should not be any assumptions about the outcome of the discussions. “We will provide an update in due course and will not be offering any further comment at this stage,” she said.
CMS and Nabarro did not respond to requests for comment at the time of writing.
Related Articles
Q&A with Edwin Northover, Debevoise & Plimpton LLP
Debevoise & Plimpton LLP won the Insurance Law Firm of the Year award at the ALB Hong Kong Law Awards 2024, apart from being the sponsor of the Insurance In-House Team of the Year award. Edwin Northover, Asia-based corporate partner and head of the firm’s financial institutions and corporate practices in Asia, talks about the firm's recent achievements, trends in the insurance industry, and future outlook for insurance law in Hong Kong.
Kramer Levin and Herbert Smith Freehills plan latest law firm mega-merger
U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills are planning to merge to create a firm with more than 2,700 lawyers, according to a joint statement on Monday.
Tokyo International makes Singapore debut with SE Asia in its sights
Japanese boutique Tokyo International Law Office (TKI) is set to establish its first overseas outpost with the opening of a Singapore office in January 2025, marking a significant milestone in the rapidly expanding firm's global strategy.