UK Publication City AM Publishes Article On Norton Rose’s Asia Expansion Prospects

A short piece in City AM (UK) outlining Norton’s hopes for work in the region in 2010 -2011 on the back of its link up with Deacons


They write:

Norton Rose is ready to expand in Asia on the back of its latest deal

The law firm?s boss Peter Martyr says its Australian merger gives it the chance to go for growth

There is light at the end of the economic night ? of that Peter Martyr is fairly certain. But the CEO of Norton?Rose, the City law firm, wants to make sure we are not facing a false dawn before he gets too excited. As he puts it: ?The financial crisis has moved so quickly that it is extremely difficult to
read what is going on. However, there is quite a lot of activity in the City at the moment.?

The tall, lean Norton Rose lifer, who joined the firm in 1977, is lounging across two chairs in a smart meeting room on the ninth floor of the firm?s More London headquarters. Located next to City Hall, it affords views not only of Canary Wharf but as far out as the Chiltern Hills to the north of the capital. The firm moved into the building ? on the South Bank of the Thames ? two years ago.

Martyr continues: ?What we have to work out is whether this is a mini bubble? Will this initial recovery be damaged early next year if a consumer recovery does not follow? I think by next January or February we will have a clearer idea of this.?

So far Martyr ? who is on his third stint as the partnership?s chief executive after first being elected in 2002 ? is pleased with the way the firm?s sales have held up in relation to its rivals during the sharpest recession in decades.

Full story at?? http://www.cityam.com/news-and-analysis/pvirctarvj.html