Law Firms
2 BigLaw firms announce merger that will ‘leverage the power of AI’ to serve clients
Perkins Coie and Ashurst announced a planned merger Monday that will create a law firm with about 3,000 lawyers in 52 offices in 23 countries. (Image from Shutterstock)
Perkins Coie and Ashurst announced a planned merger Monday that will create a law firm with about 3,000 lawyers in 52 offices in 23 countries.
The merged firm, to be called Ashurst Perkins Coie, will become a “top-20 global law firm,” according to a Nov. 17 press release.
Law.com reports the merged firm would have revenues of $2.58 billion, placing it in the No. 21 spot on its Am Law Global 200 ranking.
Reuters and Bloomberg Law also have coverage.
The merger is subject to a partner vote expected to take place early next year. The combination would be completed in mid-2026.
According to the press release, Perkins Coie and Ashurst have leveraged strong financial performance “to invest in industry-leading technology and AI systems that enhance their advisory capabilities.” The combined firm “will leverage the power of AI to transform the practice of law and help clients harness it effectively to accelerate their growth,” the press release said.
The two firms have been discussing a merger since February, Paul Jenkins, Ashurst’s global CEO, told Reuters. Jenkins will be global co-CEO of the merged firm with Perkins Coie’s managing partner Bill Malley.
In the press release, Jenkins said he is “confident Ashurst Perkins Coie will be a leading adviser across the key industries—technology, energy and infrastructure, and financial services—which are shaping the future of the global economy.”
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