Perkins Coie and Ashurst Announce Merger to Form Ashurst Perkins Coie
Major Merger in Legal Sector: Perkins Coie and Ashurst Join Forces
In a significant move within the legal landscape, Perkins Coie and Ashurst have unanimously approved a merger that will result in the formation of Ashurst Perkins Coie. This newly branded law firm is poised to become a major global player, boasting an impressive range of services and talents across various sectors, particularly in technology, energy, infrastructure, and financial services.
Overview of the Merger
The partnership vote, held recently, received overwhelming support, signaling a strong alignment between the two firms. Both Perkins Coie and Ashurst have complementary strengths that can be leveraged to enhance client services. The merger marks a pivotal moment in their strategy to expand their global footprint and provide comprehensive solutions to complex legal issues faced by clients worldwide.
Upon completion, Ashurst Perkins Coie will represent a formidable entity with expected revenue of approximately $2.8 billion, situating it among the top-tier global law firms. The new firm plans to operate from more than 50 offices, incorporating key hubs in Seattle, London, Sydney, and New York. This geographical diversity enhances the firm's capacity to serve multinational clients seamlessly, making it a valuable partner in cross-border transactions and litigation.
Strategic Significance
Bill Malley, the Firmwide Managing Partner at Perkins Coie, expressed confidence in the merger, emphasizing the unique global legal platform that Ashurst Perkins Coie will offer. He highlighted that the combined firm will be equipped to address increasingly complex legal challenges faced by clients. With a workforce of almost 3,000 attorneys, the firm's extensive expertise in sectors undergoing rapid transformation makes it a trusted advisor to a wide array of businesses.
Paul Jenkins, Global CEO of Ashurst, echoed similar sentiments, describing the merger as a natural fit that aligns both firms' ambitions for future growth. This partnership promises enhanced services through innovative practices and a shared commitment to excellence, reflecting a broad-based understanding of modern legal needs.
A Focus on Innovation
Innovation is at the core of this newly formed firm. Both Perkins Coie and Ashurst have a history of pioneering advancements in legal practice, including early adoption of technologies such as artificial intelligence. Ashurst Perkins Coie aims to continue this trajectory by harnessing its combined technological capabilities to deliver insights quickly and efficiently, further elevating the quality of services provided to global clients.
Karen Davies, Global Chair at Ashurst, underlined that the firm is committed to offering innovative solutions tailored to the needs of clients in a complex environment. This merger will enable Ashurst Perkins Coie to provide truly global solutions—seamlessly navigating borders and practice areas to meet the evolving ambitions of clients.
Anticipated Outcomes
Stakeholders on both sides are optimistic about the future. The merger is not merely a scale play; it symbolizes a strategic initiative to build a high-performance legal service. Mark Birnbaum, Chair of the Executive Committee at Perkins Coie, emphasized the importance of creating opportunities and delivering exceptional legal services in a dynamic market.
While the merger is set to close in the third quarter of 2026, it remains subject to customary conditions. Yet the overwhelming support from both partnerships highlights the anticipation of what Ashurst Perkins Coie aims to accomplish together in a rapidly evolving legal landscape.
In conclusion, the merger of Perkins Coie and Ashurst to form Ashurst Perkins Coie stands as a testament to the evolving nature of law firms adapting to client needs and market conditions. This move not only represents a significant shift in the structure of global legal services but also a commitment to innovation and excellence that clients will greatly benefit from as they navigate complex legal environments.