![]() ![]() Those associations will no longer be allowed when the new rules go into effect later this year. ![]() ![]() Saudi Arabia last year announced plans for law firms to be able to operate there independently, removing a requirement that they work through affiliated Saudi law offices. Miami-founded Greenberg Traurig, which did not have a presence in Saudi Arabia before, said it intends to register with its Saudi partner as a joint venture in the kingdom, a move that would comply with the new law firm rules. Global firm Squire Patton Boggs said Monday that it is terminating its association with a local law firm in Riyadh and instead plans to open its own office and hire attorneys in the region.Īnd on Tuesday, Greenberg Traurig said it was starting an affiliation with that same local office, the Khalid Al-Thebity Law Firm, as it enters the Saudi legal market for the first time. (Reuters) - Looming changes to rules governing international law firms in Saudi Arabia could help reshape the oil rich kingdom's legal market, with two global firms announcing this week that they are deepening or launching their presence there.
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