This merger between Herbert Smith Freehills and Kramer Levin is a bold move, signaling Herbert Smith’s commitment to fully establishing itself in the U.S. market. Herbert Smith first made its intentions clear in September 2012, when it opened its New York office—a significant step showing its ambitions to compete with major American firms. Now, with Kramer Levin’s strong presence in New York, Washington, D.C., and Silicon Valley, this alliance greatly enhances Herbert Smith Freehills’ reach, capabilities, and competitiveness across America. It’s also an interesting development in response to the success many American firms have found in the London market. British firms, it seems, are beginning to take strategic steps to maintain influence and competitiveness on both sides of the Atlantic. Watching how this merger unfolds will be key, as it could represent the start of a broader trend, with British firms increasingly adapting to counter the presence of American firms in London and expand their own U.S. presence. #HerbertSmithFreehills #KramerLevin #LegalMerger #GlobalLawFirm #USExpansion #LegalIndustry #BritishFirms #AmericanMarket #LegalStrategy #LawFirmMerger
Herbert Smith Freehills and Kramer Levin Naftalis & Frankel LLP today announced exciting plans to form a fully-integrated global legal powerhouse – Herbert Smith Freehills Kramer. Combining HSF's strength and scale across Asia, Australia, EMEA and the UK with Kramer Levin's premier offering in New York, Washington, D.C. and Silicon Valley, this strategic move will allow us to supercharge the firms' global offerings. It's an exciting future for our firms, our clients and our people. https://lnkd.in/gGiyrqep
Bruno Savoie
1mo
Interesting, thanks for sharing as always!
Lawyer for Businesses and Expats / Commercial and Immigration Advisor
1moI am wondering whether these foreign firms expanding bigly into the US will get burned because of US imputed conflicts rules, which firms in many other countries don’t have to worry about…