Salans, FMC and SNR Denton Merger Creates a Top 10 International Law Firm
Three leading law firms, Salans, Fraser Milner Casgrain (FMC) and SNR Denton, are now foundational members in the creation of a new top 10 international law firm. The firms bring together their unique strengths, experience and cultures across Canada, U.S., Europe, the UK, Middle East, Central and East Asia, and Africa to create a fully integrated global firm that will rank as the seventh largest law firm in the world, measured by number of lawyers and professionals.
The new firm will be uniquely positioned to serve clients involving a Canadian firm and a firm with a substantial U.S. presence. It could be the most significant law firm combination not born out of the merger of a UK and U.S. firm and the only combination involving firms with significant operations in Europe, Canada, the UK and the U.S.
First Firm with Extensive Canadian and U.S. Operations: FMC is the first Canadian firm to combine with a firm that has a substantial presence in the U.S. allowing a single firm to meet the needs of clients operating on both sides of the largest trading relationship between two countries in the world.
Truly Polycentric: The new firm fully embraces the diversity of its geography, cultures and legal traditions, qualities that make it truly polycentric. It will have no headquarters, no dominant national culture, and will proudly offer clients talent from diverse backgrounds and countries with deep experience in Civil Law, English Common Law and U.S. Common Law.
The combination is driven by the opportunity to unite three firms with complementary geographic footprints. This will allow the new firm to respond to client demands for greater cross-border depth and a modern, business-oriented approach to complex legal challenges.
The client base of the new firm will include many of the world’s leading multi-national private and public corporations, funds, banks, insurance companies and governmental entities. The platform will also allow the new firm to challenge other leading global law firms more effectively and significantly grow its market share of legal services.
Bringing together this depth and array of talent will enable clients to benefit from more than 2,500 lawyers and professionals in 79 locations in 52 countries across Africa, Asia Pacific, Canada, Europe and Central Asia, the Middle East, the UK and the U.S. in key business sectors:
The combination unites pre-eminent energy practices in Africa, Asia, Canada, Europe, Central Asia, the Middle East, the UK and the U.S. In addition, it connects a dominant Canadian mining practice to strong practices in Africa, Central Asia, the Middle East, Europe, the UK and the U.S.
The mega merger also creates an international leader in Banking and Finance, offering clients the full range of transactional, dispute resolution and regulatory services in the world’s leading financial and commercial centers: London, New York, Paris, Toronto, Frankfurt, Hong Kong, Moscow, Dubai, Chicago, Shanghai and Singapore.
The amalgamation joins three leading real estate practices, and clients will now have singular access to preeminent real estate teams in Asia, Europe, the UK and North America who specialize in private equity and sovereign wealth funds, real estate finance and capital markets, hotels and resorts, development and construction, acquisition and disposition and leasing.
The new firm brings together leading Insurance practices serving top clients in six of the eight largest commercial insurance markets in the world: Canada, China, France, Germany, the UK and the U.S. It will offer clients top tier talent and leading practices on four continents in additional sectors and capabilities in demand by clients including antitrust and competition; bankruptcy and restructuring; capital markets; corporate; employment, benefits and pensions; government; healthcare & life sciences; hotels & resorts; intellectual property; international trade; litigation and international arbitration; luxury brands; manufacturing; mergers & acquisitions; privacy; private equity; public policy and regulation; securities; tax; technology, media & telecommunications; transportation, infrastructure and construction; trusts, estates and wealth management; and venture technology.
While providing clients the services of the highest quality lawyers is the new firm’s goal, it will have the largest practices, by number of lawyers, in energy, insurance, media and entertainment, and real estate law, and the second largest bankruptcy, international trade and environmental practices globally, according to industry rankings by Law 360.