Formula One team McLaren Honda has extended its sole adviser mandate with Norton Rose Fulbright (NRF) for another two years.
The deal, which was first signed in 2014, saw NRF act as McLaren-Honda’s sole global legal adviser offering expertise to the company and its subsidiaries McLaren Racing and McLaren Applied Technologies.
In the world’s only partnership between a global law firm and a F1 team, NRF will continue to consult McLaren-Honda on a variety of legal aspects including corporate transactions, commercial and contractual matters, intellectual property matters, global trade portfolio management, real estate, finance, employment and dispute resolution.
NRF global chief executive Peter Matyr said: ‘The continuation of our global partnership with McLaren-Honda underpins our commitment to innovation, excellence and teamwork.
‘Both Norton Rose Fulbright and McLaren-Honda value the benefits diversity can bring to our business and we encourage an even more inclusive culture globally, where we are able to unlock the full potential of our diverse workforces.’
McLaren chief operating officer Jonathan Neale added: ‘Although we come from different industries, our shared values around corporate responsibility means we have much in common and I look forward to the continued success of our partnership.’
Earlier this month, NRF pulled off its second US merger, this time with New-York-based Chadbourne & Parke. The deal follows the firm’s tie-up with Texas outfit Fullbright & Jaworski in 2013, and is expected to go live in the second quarter of 2017.
In November last year, the firm launched in Monaco in a bid to increase its European shipping and transport offering. The firm’s new office will be led by finance lawyer and head of Greece Dimitri Sofianopoulos, who will serve the firm’s shipping and finance clients.