Herbert Smith Freehills and New York-based Kramer Levin Naftalis & Frankel have announced plans for a trans-Atlantic merger, giving rise to a firm named Herbert Smith Freehills Kramer, or HSF Kramer in the U.S. This strategic move will create a combined firm with annual revenues of $2 billion and more than 2,700 lawyers. The merged entity will integrate HSF’s significant presence in Europe and the Asia Pacific with Kramer Levin’s U.S. operations, featuring a unified global profit pool and approximately 120 U.S. partners. Potentially ranking in the top 25 globally, this combination seeks to strengthen its market position in key sectors such as energy, financial services, and technology, while aiming to enhance its disputes and transactional expertise.
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