Firms back ‘largest law merger in history’
Partners at global law firms Hogan Lovells and Cadwalader Wickersham & Taft have backed what they describe as “the largest law-firm merger in history”.
The firms said that agreement to form Hogan Lovells Cadwalader had been approved by partner votes in both firms.
The merger, effective on 1 July, will create a firm with around 3,100 lawyers across the world, making it one of the top firms globally by revenue and size.
The new firm will have combined annual revenue of US$3.6 billion (€3 billion) and operate in 18 countries – including Ireland, where Hogan Lovells has an office in Dublin that focuses mainly on regulatory advisory work.
‘A firm like no other’
Globally, Hogan Lovells specialises in advising in highly regulated sectors across corporate and M&A, regulatory, IP, litigation, and other disputes work.
Cadwalader Wickersham & Taft, Wall Street’s oldest firm, specialises in finance, structured products, and capital-markets capabilities.
“The combination creates a firm with deep historic roots and offices in many of the world’s leading commercial and legal centres – Hogan Lovells Cadwalader will be the second largest firm in Washington DC, one of the top ten in London, and one of the top 25 in New York,” the firms stated.
“We are creating a firm like no other, with the expertise to advise clients on their most complex work across the G20,” said Hogan Lovells chief executive Miguel Zaldivar, who will be chief executive of the combined firm.