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This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Norton Rose is raiding US firms in an effort to build its London-based US securities practice.
The UK firm is poised to take on US-trained partners to its US securities team - which was established in September - in a move dubbed by observers as "both offensive and defensive".
Sources say a strengthened US securities practice will make Norton Rose a more attractive merger partner, particularly to firms that want a London base but do not want to go it alone.
Two weeks ago (7 June), Roger Birkby, managing partner of Norton Rose, told The Lawyer of plans to find a US merger partner with a similar international outlook. He said: "We are trying to keep our fingers on the pulse. We know what's going on and have a dialogue with a lot of firms."
Norton Rose has already poached two senior lawyers - James Joy from California firm Latham & Watkins and Neil Suggs from Washington-based Perkins Cole.
Tom Vita, head of the US securities practice, who joined Norton Rose from US firm Davis Polk & Wardwell in September, says: "The group is concentrating on providing US advice.We are looking at partner level appointments to bring our core group to a sufficient size to provide US advice on rule 144a transactions, where a London listing is sought."
Norton Rose has already hired six US securities lawyers to its 11-lawyer team, which includes a number of dual-qualifieds.
Although Norton Rose does not have a US office, sources say the company will be able to pick up big ticket banking and project finance work from US firms by having a US securities capability.
Sources say this international dimension gives the firm "something over and above" other firms that may be considering a transatlantic plunge.