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Herbert Smith Freehills is to mix with US-based Kramer Levin to kind one of many prime 20 international regulation companies by headcount, in an extra signal of consolidation amongst mid-sized companies on both aspect of the Atlantic.
The brand new agency, which is to be referred to as Herbert Smith Freehills Kramer, abbreviated as HSF Kramer within the US, and may have over 2,700 attorneys throughout 25 workplaces in America, the UK, Europe and Asia.
The transfer by HSF comes amid a wave of mergers within the authorized sector, most notably UK “magic circle” agency Allen & Overy’s resolution final yr to affix forces with the ailing Shearman & Sterling within the US.
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