Hogan Lovells seals new Saudi Arabian tie-up two years after previous deal dissolved
Move comes after Mayer Brown sealed an agreement with Hogan Lovells' former associated firm this month
June 26, 2018 at 07:43 AM
2 minute read
The original version of this story was published on Law.com
Hogan Lovells has agreed a cooperation arrangement with Saudi Arabian firm ZS&R two years after its former tie-up with Al-Yaqoub Attorneys & Legal Advisers ended.
Riyadh-based ZS&R comprises three partners whose key practice areas cover projects, dispute resolution, banking and finance, capital markets and corporate and M&A.
The association, effective today (26 June), is non-exclusive and the two firms will retain separate partnerships. ZS&R was founded in 2017 by Dr Najem Alzaid, Saad Alrashed and Turki Alsheikh.
Hogan Lovells CEO Steve Immelt said: "The association with ZS&R Law Firm is an important milestone, which allows us to expand our ability to help clients in an important jurisdiction. Together with ZS&R, we can provide clients with deep sector experience and knowledge in the Kingdom and across the wider Middle East."
The tie-up comes two years after Hogan Lovells exited its alliance with Al-Yaqoub Attorneys & Legal Advisers, which had dated back to 2009. Earlier this month, Mayer Brown agreed a cooperation agreement with that firm.
Saudi rules prevent international law firms from operating in the country without a local partner firm, resulting in a number of international tie-ups.
This January, DLA Piper transferred its Saudi operations to the newly-created Amer Al Amr Law Firm, while last year Pinsent Masons and Linklaters tied up with Riyadh firms Alsabhan & Alajaji and Zamakhchary & Co respectively.
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