Baker McKenzie acquires a majority interest in Abdulaziz Alajlan

Baker McKenzie acquired a majority interest in its associated firm Legal Advisors, Abdulaziz Alajlan & Partners, which will now be known as Baker McKenzie Law Firm. In addition, the Firm has been granted a Regional Headquarter (RHQ) License by the Ministry for Investment of Saudi Arabia.

Baker McKenzie in the MENA region

Baker McKenzie has been active in Saudi Arabia and the Middle East & North Africa (MENA) region since the 1970s, either directly or in cooperation with local law firms. Baker McKenzie now has a total of eight offices in the region, including two Saudi offices in Riyadh and Jeddah.

The Firm’s RHQ will be based in Riyadh and will be managed by Karim Nassar (pictured left).

Milton Cheng, Global Chair of Baker McKenzie, stated: “Both developments demonstrate our commitment to this fast-growing economic hub and are further evidence of our continued investment in the MENA region more broadly”.

Riyadh-based partner Abdulrahman AlAjlan (pictured right) further commented: “We are pleased with the long and close collaboration with Baker McKenzie, which has culminated today with their direct acquisition of a majority stake in our law firm. The acquisition will undoubtedly contribute to the transfer of international legal knowledge and expertise to the Kingdom of Saudi Arabia and the region”.

Abdulaziz Alajlan & Partners

Legal Advisors, Abdulaziz Alajlan & Partners, now known as Baker McKenzie Law Firm, has long provided clients with a full-service offering around cross-border matters, including multinational mergers and acquisitions, international finance and complex litigation. Lawyers in the Firm’s Riyadh and Jeddah offices regularly collaborate with international legal experts from more than 70 Baker McKenzie offices and affiliated firms around the world to help Saudi Arabian businesses, multinationals and financial institutions achieve their business objectives in the MENA region and internationally.