Latham & Watkins LLP is pleased to announce that the firm has been granted a Foreign Law License by the Saudi Ministry of Justice, one of only a small number of global firms to be issued a license to practice in the Kingdom. Latham has been serving clients in Saudi Arabia for more than a decade, most recently in cooperation with The Law Firm of Salman M. Al-Sudairi.
“We are honored to be one of the first global firms to be awarded a Foreign Law License to practice in Saudi Arabia. It’s especially gratifying having maintained a market-leading Saudi practice for more than a dozen years,” said Rich Trobman, Chair and Managing Partner of Latham & Watkins. “Riyadh is a major commercial, financial, and innovation center in the Middle East and globally, and further establishing our presence in this fast-growing market is integral to our preeminent MENA capabilities and our global platform.”
Salman M. Al-Sudairi, Office Managing Partner of Latham & Watkins’ Riyadh office, added: “Latham & Watkins has an outstanding track record advising Saudi and international clients on a variety of cutting-edge, cross-border debt and equity capital markets, M&A, project finance, banking and Islamic finance, and restructuring matters. Formalizing Latham’s presence is a natural and exciting progression for the firm, and we are well placed to advise clients on a wide range of complex domestic and cross-border matters as the country emerges as one of the key international investment hubs in the region and beyond.”
Latham’s Riyadh office comprises Saudi and internationally-qualified attorneys. Lawyers in the Riyadh office have a long history of practicing in the Kingdom and an extensive understanding of the Saudi Arabian legal framework and commercial landscape. The firm has a track record of success advising a range of clients — from innovative start-ups to flagship multinationals, as well as private equity firms, investment funds, and financial institutions — across a full spectrum of complex inbound, outbound, and domestic corporate transactions and financing structures.