Herbert Smith has always made something of a virtue of its conservatism. While being a first mover can sometimes prove decisive, the legal market is littered with examples of firms that have lived to regret their bravado. And while the Johnny-come-lately approach doesn’t always work either, it is often a good idea to learn from other people’s mistakes – or, in the case of Herbert Smith’s imminent Dubai launch – successes.
Given Herbert Smith’s energy/projects focus, its failure to set up an office in the Middle East was looking a little tardy even by its own standards. Then last Thursday Legal Week revealed that the firm had hired two Norton Rose finance partners – Zubair Mir and Nadim Khan – for the imminent launch of an office in Dubai (see story).
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