Riyadh, 26 June 2018 – Leading global law firm Hogan Lovells has entered into an association with Riyadh-based ZS&R Law Firm. The firms will work together to provide cohesive, integrated legal advice to their national and international clients, offering a first-class service in the Kingdom of Saudi Arabia. The association is effective from today.
Riyadh-based ZS&R Law Firm was founded in 2017 by Dr. Najem Alzaid, Saad Alrashed and Turki Alsheikh. The three founding partners have diverse backgrounds with international legal experience, multilingual capabilities, and are experienced in advising on national and cross-border transactions. With a full-service offering and an in-depth knowledge of the regulatory requirements of doing business in Saudi Arabia, ZS&R Law Firm advise clients across a range of industries. They cover our key practice areas including projects, dispute resolution, banking and finance, capital markets and corporate and M&A. Under the terms of the agreement, ZS&R Law Firm will operate in association with Hogan Lovells and the two firms will work together on client matters while remaining separate legal entities.
“Saudi Arabia is a strategic market for our clients,” explained Miguel Zaldivar, incoming Regional Chief Executive for the Asia Pacific Middle East region. “Partnering with ZS&R Law Firm is part of our commitment to providing clients with a full service solution to their commercial and legal needs. We have had a relationship with the three founding partners of ZS&R Law Firm for some time, and we have viewed what they have achieved professionally with reverence. Together, they have created a truly outstanding legal practice in Riyadh, with a service offering which strongly aligns to the needs our clients.”
Dr. Najem Alzaid, one of the founding partners of ZS&R Law Firm said, “This is an exciting time to be in Saudi Arabia. We will witness the public offering of Saudi Aramco and other privatisations, the fruition of key strategic plans such as Saudi Vision 2030 and the National Transformation Program, and we expect a new wave of foreign investment. We are pleased to work alongside Hogan Lovells supporting clients investing in the Kingdom as well as help our Saudi clients achieve their international ambitions.”
Steve Immelt, CEO of Hogan Lovells added: “The association with ZS&R Law Firm is an important milestone which allows us to expands our ability to help clients in an important jurisdiction. Together with ZS&R we can provide clients with deep sector experience and knowledge in the Kingdom and across the wider Middle East. Most importantly, ZS&R’s client service ethos, and the principles by which they conduct business, align with our approach to the market.”
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About Hogan Lovells
Hogan Lovells is a top 10 global legal practice with over 50 offices, 850 partners, and 2,500 lawyers throughout the world. We have developed a strong track record in the Middle East, having been active in the region for over three decades. We’ve advised governments on Islamic financings, successfully steered domestic and international M&A deals, and won precedent-setting cases in the courts. We draft and negotiate all types of commercial agreements and advise on major infrastructure projects in the region.
About ZS&R Law Firm
Riyadh-based ZS&R Law Firm was founded in 2017 by Dr. Najem Alzaid, Saad Alrashed and Turki Alsheikh. The multilingual team at ZS&R have extensive knowledge and experience advising on national and cross-border transactions. Covering banking and finance, capital markets, corporate and M&A, projects and infrastructure, dispute resolution and regulatory advice, they offer both inbound and outbound clients the full range of legal services.
Dr. Najem Alzaid has vast experience in capital markets, corporate law, regulatory, legislation and public policy advising both private and public entities. Prior to ZS&R Law Firm, Dr. Najem was a Commissioner and Board Member of the Saudi Capital Market Authority (“CMA”) for nearly 3 years, appointed by a Royal Order. For 6 years prior to this he was General Counsel of the CMA. He has chaired many important committees and working groups and he was part of the Saudi Technical Team that negotiated the accession of Saudi Arabia to the World Trade Organisation. Dr. Najem has held positions at the World Bank, Al Rajhi Bank and the Islamic Development Bank Group. In addition, his expertise extends outside the practice of law, reflecting his multi dimension knowledge and perspective. He sits on various important boards of Saudi based entities and companies. He was educated at several esteemed universities including the Umm Al-Qura University, London Business School, George Washington Law School, University of Minnesota Law School and Harvard Law School.
Turki Alsheikh oversees non-contentious transactions at ZS&R, having previously worked in London and Dubai, as well as Riyadh. Turki is admitted to practice before all judicial bodies in the Kingdom of Saudi Arabia. He is a leading lawyer in governmental procurement and corporate structuring, and its related commercial matters. He has been appointed to the Board of a number of Saudi Arabia-based companies, including Verizon Saudi Arabia.
Saad Alrashed specializes in public & legislative law, with a focus on contentious matters. He is qualified in England and Wales, as well as Saudi Arabia, and has experience working in several international jurisdictions. Prior to ZS&R, Saad worked at the Bureau of Experts at the Council of Ministers in Saudi Arabia, from which he was seconded to the Ministry of Economy and Planning, and was a leading member of the team responsible for the National Transformation Program (part of Saudi Vision 2030). He was educated in the USA and UK.