Just weeks after the merger of Hogan & Hartson LLP and Lovells, top international firms Sonnenschein Nath & Rosenthal and Denton Wilde Sapte LLP announced plans to combine.
Subject to a partnership vote by each firm on 9 June, the merger would make SNR Denton a top 25 law firm worldwide by size, with approximately 1,400 lawyers and fee earners in 18 countries, with its two largest offices in London and New York.
The combined firm will focus specifically on meeting client needs in eight key sectors: financial institutions and funds; energy, transport and infrastructure; insurance; real estate, retail and hotels; technology, media & telecommunications; health and life sciences; manufacturing; and government.
Sonnenschein Nath & Rosenthal chairman Elliott Portnoy, who will become co-CEO of SNR Denton, said: “This combination is the next step in our vision to create an elite, client-focused international firm that is about one thing – quality. Both firms have long enjoyed reputations as being world class, and now together we’ll have the assets and professional resources to carry that forward to new sectors, new practices, and new markets.”
Denton Wilde Sapte’s chief executive, Howard Morris, who will also become co-CEO of SNR Denton, added: “Our two firms already share a number of complementary features – our respective practice strengths, our focus on highest-quality client service, and especially our cultures.
If approved, the combination would become effective September 30 this year and would be structured as a Swiss Verein.