The merger between Herbert Smith Freehills and Kramer Levin, forming the now-combined entity Herbert Smith Freehills Kramer, has officially gone live. The newly established firm has stated its strategic focus will be on growth and investments, particularly targeting sectors such as private equity, bankruptcy, disputes, real estate, and securitization. In addition to these core areas, the firm plans to broaden its transactional offerings and enhance its regulatory and technology practices, with a keen eye on the Washington and Silicon Valley regions. This merger is expected to reshape the landscape of legal services provided by both former entities and can be further explored on the HSF Kramer website.
This merger comes amid a backdrop of heightened scrutiny and significant activity within the legal sector. Lawyers involved in Delaware corporate cases, for instance, are earning vastly inflated fees compared to other jurisdictions, a trend that has sparked discussions among venture capitalists about potentially withdrawing from the state. More details on this trend can be found in a report from Fortune.
Furthermore, the legal sector recently mourned the loss of H. Lee Godfrey, a co-founder of Susman Godfrey, who passed away on June 2. Godfrey was celebrated for his significant contributions to his firm’s success and his influence on many lawyers’ careers, including that of his daughter Lindsay Godfrey Eccles. Additional information is available on the Susman Godfrey website.
With these developments, the legal profession continues to see rapid and significant changes across various sectors and geographic regions.