It’s June 2, and for the Biglaw group, that implies that a brand new competitor simply entered {the marketplace}. At present marks Herbert Smith Freehills Kramer’s second day of existence, and the model new agency — fashioned from the union of Herbert Smith Freehills and Kramer Levin — grosses greater than $2 billion, with about 2,700 attorneys, together with roughly 630 companions. On Day One, the agency has already made some main strikes, naming its world government workforce.
HSF Kramer’s management workforce leans closely Herbert Smith Freehills, with 5 of its six government companions hailing from the legacy agency. As famous by Law360, one HSF associate will function the agency’s world chief government (Justin D’Agostino), whereas 4 different former HSF companions will oversee the next areas and apply areas: Asia and Australia (Kristin Stammer); UK and EMEA (Jeremy Walden); Alison Brown (US progress and strategic integration); and world apply areas (Anna Sutherland). Paul Schoeman, former co-managing associate of Kramer Levin, will oversee the mixed agency’s US enterprise. Howard Spilko, Kramer’s former co-managing associate, will function world head of personal fairness and chair of HSF Kramer’s company apply within the US.
D’Agostino and Rebecca Maslen-Stannage, chair and senior associate of HSF Kramer, shared some ideas on the finished merger with Business Wire:
Rebecca Maslen-Stannage, Chair and Senior Associate of Herbert Smith Freehills Kramer, commented:
“At present we embark on an thrilling new chapter. Herbert Smith Freehills Kramer unites two companies with complementary strengths, shared values, and a daring imaginative and prescient for the longer term. We’re delighted by the overwhelmingly optimistic suggestions from our purchasers and our folks. Collectively, we’ll give attention to our strategic imaginative and prescient and construct on this incredible platform.” …
Justin D’Agostino, International CEO of Herbert Smith Freehills Kramer, commented:
“In right now’s fast-evolving and unsure macroeconomic panorama, purchasers want a really world legislation agency with deep native perception throughout all their key markets. Herbert Smith Freehills Kramer is uniquely positioned to ship distinctive outcomes in an more and more complicated and interconnected world.”
Congratulations to Herbert Smith Freehills Kramer on beginning this merger off on the correct foot! We will’t wait to see how the agency will shake up the Biglaw market and what subsequent 12 months’s Am Legislation 100 will appear to be with the agency’s massive presence formally on the board.
HSF, Kramer Levin Go Live With Transatlantic Merger [Law360]
Herbert Smith Freehills Kramer Officially Launches [Business Wire]
Staci Zaretsky is a senior editor at Above the Legislation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any suggestions, questions, feedback, or critiques. You possibly can comply with her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.
