Andersen Global Debuts in Palestine, Plots Further Middle East Presence
This follows recent expansion in Europe, India and Central America.
January 27, 2020 at 05:27 AM
2 minute read
Andersen Global has entered into a collaboration agreement with a law firm based in Ramallah, the Palestinian city in the West Bank, as the San Francisco-based tax and legal adviser continues its ambitious global expansion.
The agreement with Sharp & Beyond brings four partners and eight legal and investment professionals. The firm specializes in the corporate, labor, investment and real estate sectors, among others.
Speaking to Law.com International, Andersen chairman Mark Vorsatz said that entering Ramallah is important, as there are only 35 businesses in Palestine, and Sharp & Beyond has significant relationships with most of them.
Vorsatz admits that it will likely take five-to-ten years to build a significant business in the Middle East, but said he would "rather be early than late."
"If we're early, like we were in Africa, then we'll have a substantial business and take a market share by the time the market gets going," he continues. "Palestine will develop over a long period, but think of it like a 50-story building. We have built the first floor, and we're going to build it up."
The professional services giant already has a total of 19 offices in the Middle East, present in eight countries, with a total headcount of around 375.
It intends to further its presence in the next two years, with Vorsatz pointing to plans to expand headcount in the Middle East, having recently added a tax practice in Abu Dhabi.
"Our clients do business everywhere, we want to be everywhere our clients are," Vorsatz said. "It's the difference between a transaction view and a relationship view. If we get the relationships, I believe we will get the transactions."
Andersen is now in more than 70 countries, with legal services in 61, as it undertakes an aggressive global expansion, including in countries rife with political tension.
Last year, Vorsatz outlined further European growth, saying that he hopes to "add another five countries in Europe" in 2020.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllDeadline Extended for The European Legal Innovation & Technology Awards
1 minute readMorgan Lewis Says Global Clients Are Noticing ‘Expanded Capacity’ in Paris After Kramer Merger
5 minute readDebevoise, Norton Rose & Boies Schiller Lead Surge in Mining Disputes With African Governments
5 minute readLinklaters Continues Renewable Energy Hot Streak With Latest Offshore Wind Farm Project
2 minute readTrending Stories
- 1Decision of the Day: Trial Court's Sidestep of 'Batson' Deprived Defendant of Challenge to Jury Discrimination
- 2Is Your Law Firm Growing Fast Enough? Scale, Consolidation and Competition
- 3Child Custody: The Dangers of 'Rules of Thumb'
- 4The Spectacle of Rudy Giuliani Returns to the SDNY
- 5Orrick Hires Longtime Weil Partner as New Head of Antitrust Litigation
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250