International law firm Baker McKenzie has expanded its footprint in Saudi Arabia by acquiring a majority stake in its associated firm Legal Advisors, Abdulaziz Alajlan & Partners, now operating under the name Baker McKenzie Law Firm. The acquisition is effective immediately.
Additionally, Baker McKenzie received a Regional Headquarters (RHQ) license from the Saudi Ministry of Investment, which aims to bolster Saudi Arabia’s strategic role as a central investment hub in the Middle East. Other law firms have also secured RHQ licenses in the last few years including White & Case, Latham & Watkins, and Greenberg Traurig.
