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Norton Rose Fulbright has launched a global regulation and investigations practice, consisting of more than 600 of its lawyers worldwide.
The group draws together expertise from various practices within the firm, including antitrust and competition, financial services regulation, investigations, and tax.
Norton Rose Fulbright’s antitrust and competition head Martin Coleman and investigations chief Lista Cannon have been appointed to co-lead the new practice. Colman comes from the Norton Rose side of the firm, and Cannon from the legacy Fulbright arm. Both are based in London.
“We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend,” said Cannon. “As a firm we’re becoming increasingly joined up across the globe. This new practice has elements of a sector group but it’s about the commonality of skills – both strategic and tactical.”
She noted: “We’re not the only firm doing this sort of work, but we think we’re unique in our breadth and depth as a mainstream practice doing regulatory and investigative work.”
The establishment of the group was a pre-merger “resolution”, Cannon said, adding that it had been discussed prior to the official tie-up of legacy Norton Rose and Fulbright in June 2013 (14 November 2012).
As a key part of the group’s strategy, the firm has arranged a series of “engagement forums” in each of its jurisdictions, due to kick off next month. These will involve partners from various Norton Rose Fulbright offices travelling across the globe to share expertise and engage with those interested in regulatory and investigations more widely, including existing and potential clients.
Events will include seminars with decision makers, client meetings and internal briefings.
The move comes just weeks after Linklaters established its own ’operational intelligence group’. The 25-partner team is based on a similarly collaborative ethos, bringing together lawyers with expertise in a range of topics including corporate, antitrust, regulation and litigation to provide risk advice to clients outside of the financial services sector (23 January 2014).