Norton Rose's Partner Profits Jump 27% on Spike in US Demand

Law firm posts double-digit revenue and profit gains driven by surge in US operations.

Published on Feb. 23, 2026

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Norton Rose Fulbright, a global law firm, reported a 16% increase in gross revenue to over $2.8 billion and a 27% jump in profits per equity partner to nearly $2.1 million in 2025. The firm's Dallas-based global managing partner cited increasing demand in key services like project finance, M&A, and disputes as the drivers behind the strong financial performance.

Why it matters

The robust financial results for Norton Rose Fulbright reflect the continued strength of the legal industry, particularly in the US market, as businesses navigate complex transactions and disputes in a challenging economic environment.

The details

Norton Rose Fulbright, which operates as a Swiss verein, saw its US operations lead the way in driving the firm's double-digit revenue and profit gains. The law firm cited increasing demand in key practice areas such as project finance, mergers and acquisitions, and disputes as the primary factors behind its strong financial performance.

  • Norton Rose Fulbright reported its 2025 financial results in February 2026.

The players

Norton Rose Fulbright

A global law firm that operates as a Swiss verein.

Jeff Cody

The Dallas-based global managing partner of Norton Rose Fulbright.

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What they’re saying

“Virtually every practice at our firm had an up year.”

— Jeff Cody, Global Managing Partner (Bloomberg Law)

The takeaway

Norton Rose Fulbright's strong financial performance reflects the continued resilience of the legal industry, particularly in the US market, as businesses navigate complex transactions and disputes in a challenging economic environment.