Dentons among the first batch granted foreign law firm license in Saudi Arabia
It has one of the largest international practices in the Kingdom
Dentons, the world’s largest global law firm, has joined the first wave to be granted a foreign law firm license by Saudi Arabia’s Ministry of Justice.
Operating in association with The Law Firm of Wael A. Alissa, Dentons has offices in Riyadh and Jeddah and has one of the largest international practices in the Kingdom.
Led by managing partner Nick Simpson, the Saudi team, comprising both Saudi Arabian and expatriate lawyers, has advised several world’s largest companies on their investments in the country.
Simpson remarked, “Our involvement in the Shareek projects cements Dentons’ strong track record of advising on opportunities relating to Saudi’s ongoing development defined by Vision 2030. We are honoured to have been granted a foreign law firm license and look forward to continuing to support regional and international clients.”
Paul Jarvis, the UK, Ireland and Middle East CEO at the firm stated, “Dentons’ presence in the Middle East stretches back over 50 years and we have played an important role in many of the region’s key milestones. We are delighted to continue our relationship with Wael A. Alissa. Becoming one of the first international law firms to have a foreign licence marks an exciting new chapter in our longstanding relationship with the region.”
Recently, a cross-practice team of Saudi lawyers and colleagues from Dentons’ offices in London, New York, Melbourne and Brussels advised the National Incentives Committee. The guidance was on seven of the 12 economic support deals that form a part of the Shareek Program, designed to unlock the full potential of the Kingdom’s private sector in order to help achieve GDP growth.