Source: Legal Cheek
Herbert Smith Freehills is set to merge with the US law firm Kramer Levin Naftalis & Frankel, forming a new transatlantic giant with over 2,700 lawyers and revenues exceeding £1.5 billion.
The new legal player will be called Herbert Smith Freehills Kramer, or simply HSF Kramer in the US, and will have 25 offices globally. The merger, still subject to partner approval, will result in the new firm operating under a unified profit pool.
Rebecca Maslen-Stannage, HSF chair and senior partner, said: “This is transformational. We have long been committed to expanding our offering in the US and Kramer Levin is the perfect fit. The combination delivers immediate growth for both firms from day one.”
Howard T. Spilko, co-managing partner of Kramer Levin, added: “The combination provides us with a significant competitive advantage by bolstering our destination practices with a deeper bench, broader geographic reach and sector expertise, while providing the opportunity to collaborate to achieve great outcomes for clients internationally.”
Read the full article: https://www.legalcheek.com/2024/11/hsf-to-merge-with-us-law-firm-kramer-levin/
