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Hogan Lovells and Cadwalader, Wickersham & Taft are merging to form a new firm, Hogan Lovells Cadwalader, with combined revenues exceeding $3.6bn. The merger will create the world's fifth-largest law firm, employing over 3,000 lawyers. “Clients are increasingly looking for law firms with deep sector expertise and broad global reach to advise on their most complex mandates around the world,” said Hogan Lovells CEO Miguel A. Zaldivar Jr. “Cadwalader, a premier Wall Street institution, brings top of the market finance capabilities, which combined with Hogan Lovells’ powerful global platform, expands our abilities to comprehensively advise clients at a time when cross-border investment is increasingly driving growth in key sectors - including finance, energy, technology, life sciences and others.” Zaldivar will lead the new entity. Partners will vote on the merger in spring, with completion expected by June. Despite potential office overlaps, job losses are not anticipated.
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