Kramer Levin Naftalis and Frankel LLP Office in Manhattan, New York. Photo: Ryland West/ALMLeft Out of Tie-up with HSF, Kramer’s Paris Office Has a History of Difficult Choices
The office’s case recalls that of Shearman & Sterling before it merged with Allen & Overy, a boutique co-founder said.
December 06, 2024 at 07:39 AM
3 minute read
The proposed merger between New York-based Kramer Levin Naftalis & Frankel’s and London-headquartered Herbert Smith Freehills calls for Kramer’s 63-lawyer Paris office to be spun off, giving the French partners options although not necessarily simple ones.
The merger, which is to become official May 1, 2025, would create Herbert Smith Freehills Kramer, a firm with around $2 billion in revenues and more than 2,700 lawyers. It has to be approved by 75% of the partners of both firms in February votes.
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