LAWFUEL – Legal Announcements – Al Wagayan, Al Awadhi & Al Saif Partner with DLA Piper, one of the world’s largest legal services organizations to provide global legal solutions in Kuwait.
Kuwait – Leading global legal services organization, DLA Piper, today announced a joint venture agreement with the international division of Al Wagayan, Al Awadhi & Al Saif, a leading Kuwait based law firm. The joint venture, operating under the name, DLA Piper Kuwait, will provide global legal solutions to local and international clients operating in Kuwait.
The venture will help position Al Wagayan, Al Awadhi & Al Saif more prominently in Kuwait. As part of an internationally recognized legal services organization the Kuwaiti law firm will be in a position to build on its areas of specialization, which include corporate, commercial, banking and finance, Islamic finance and projects.
With currently over 120 lawyers in the region, this development represents the latest move in the continued expansion of DLA Piper’s presence in the Gulf. The agreement demonstrates the organization’s continued commitment to providing a significant full-service presence in the region to complement its existing operations in Abu Dhabi, Doha, Dubai and Muscat.
“The Kuwaiti market has grown and we have seen the completion of numerous transactions which are becoming ever more complex in nature and transcend Kuwaiti borders.
Increasingly clients demand comprehensive legal representation that requires not only local expertise but also expert international resources, which we can now provide under the DLA Piper brand,” said Mr Nader Al Awadhi, Senior Partner at Al Wagayan, Al Awadhi & Al Saif.
“This joint venture will help us deliver global legal counsel to our clients who are looking for turnkey solutions. DLA Piper’s deep rooted knowledge of, and resources within the region, provides an ideal fit with our own current practices in Kuwait and will enable us to raise the bar for legal practices in the country,” added Al Awadhi.
The joint venture will allow both organizations to benefit from inherent synergies that will see additional added value in combining strong knowledge of local laws and customs with the depth and breadth of services offered by a global organization. The partnership will provide unique and creative solutions to meet the growing demand for such expertise in Kuwait.
Nigel Knowles, Partner and Joint Chief Executive Officer at DLA Piper, said: “We are delighted to engage with the well respected firm of Al Wagayan, Al Awadhi & Al Saif in Kuwait, which is one of the few countries in the Middle East we did not yet have a presence in. This agreement has empowered both organisations to provide the best quality and range of service to our clients. Given that Kuwait is one of the key Gulf Cooperation Council (GCC) economies it was a strategic decision to partner with a local organisation that mirrors our own principles and objectives.”
ENDS
