Law firms across globe rush to cash in on $150 bn West Asia deal boom

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Law firms across globe rush to cash in on $150 bn West Asia deal boom - Business Standard

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The firm has also expanded its practice for global investment funds in the Middle East and moved a senior lawyer to the region to lead that business, Linklaters said in an announcement last month.

Rivals have often hired teams from White & Case in an effort to prise away the Aramco account, but so far they’ve been unsuccessful, people familiar with the matter said.

All that has American and British heavyweights like Kirkland & Ellis LLP and Linklaters LLP expanding in the region.“It’s a healthy sign,” Essam Al Tamimi, an Emirati lawyer and founder of Al Tamimi & Co., said about the foreign entrants and development of regional economies.