Hogan Lovells has agreed to a cooperation arrangement with the Saudi Arabian firm ZS&R two years after its former tie-up with the firm Al-Yaqoub Attorneys & Legal Advisers ended.
Riyadh-based ZS&R is a three-partner firm whose key practice areas cover projects, dispute resolution, banking and finance, capital markets, corporate and M&A.
The association, effective June 26, is nonexclusive and the two firms will retain separate partnerships. ZS&R was founded in 2017 by Dr. Najem Alzaid, Saad Alrashed and Turki Alsheikh.
“The association with ZS&R Law Firm is an important milestone, which allows us to expand our ability to help clients in an important jurisdiction,” said Hogan Lovells CEO Steve Immelt. “Together with ZS&R, we can provide clients with deep sector experience and knowledge in the kingdom and across the wider Middle East.”
The tie-up comes two years after Hogan Lovells exited its alliance with Al-Yaqoub Attorneys & Legal Advisers—an association that had dated back to 2009. Earlier this month, Mayer Brown signed a cooperation agreement with that firm.
Saudi rules prevent international law firms from operating in the country without a local partner firm, resulting in a number of international tie-ups.
This past January, DLA Piper transferred its Saudi operations to the newly created Amer Al Amr Law Firm, while last year Pinsent Masons and Linklaters tied up with Riyadh firms Alsabhan & Alajaji and Zamakhchary & Co. respectively.