DLA Piper cuts ties with Saudi ally
DLA Piper has shaken up its Middle East offering after ending its relationship with Saudi Arabian firm Abdulaziz Al-Fahad. The alliance formally ended today (30 June) bringing an end to the two-and-a-half-year tie up, which was understood to have come to an end after differences between the two firms.
June 30, 2008 at 11:02 AM
2 minute read
DLA Piper has shaken up its Middle East offering after ending its relationship with Saudi Arabian firm Abdulaziz Al-Fahad.
The alliance formally ended today (30 June) bringing an end to the two-and-a-half-year tie up, which was understood to have come to an end after differences between the two firms.
It is unclear which direction DLA Piper will now take in the region, but in order to maintain a presence in Saudi Arabia, local law states that firms must be tied to a local firm in order to practise.
A joint statement from the firm said: "After two and a half years' affiliation, The Law Office of Abdulaziz Al-Fahad and DLA Piper have mutually agreed to end their working relationship and will pursue their legal practices independently with effect from 30 June, 2008."
"As for DLA Piper's plans for Saudi Arabia, it will be making a formal announcement shortly."
It is expected that the firm will maintain its presence in the region with another local tie-up.
Last month Freshfields Bruckhaus Deringer announced it was setting up an association with local Saudi Arabia firm Salah Al-Hejailan.
The Saudi Arabian firm will be jointly managed by Al-Hejailan and former City finance chief Bob Charlton, who transferred to Dubai at the beginning of this year.
Freshfields has been working with Al-Hejailan and his father, Sheikh Salah Al-Hejailan, in the region for around five years but the formal alliance with the firm means that it will be able to second lawyers and partners to the region.
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