The Lawyer’s newest product is the most comprehensive overview of the Asia-Pacific legal market yet produced. With rankings of the top 100 local law firms by lawyer headcount as well as analysis of the leading 50 international players in the region, it is essential reading for anyone interested in the strategic future of the world’s fastest growing legal market
Saudi Aramco, the world’s largest oil company, is to continue using White & Case as its go-to adviser despite the fact that the US firm has neither an office, a sponsor nor any permanent lawyers in Aramco’s home jurisdiction of Saudi Arabia.
The firm, which saw its Saudi practice decimated earlier this year by the departure of a team that included local sponsor Mohammed Al-Sheikh to Latham & Watkins (The Lawyer, 1 February), is using a Riyadh-based consultant, who does not have a practising licence, to service local matters.
Turki Al-Thunayan is a Saudi-qualified lawyer, but his status as a government employee disqualifies him from obtaining a licence. He was the sole legal adviser to remain with the firm in Riyadh when the rest of his colleagues left for Latham and Vinson & Elkins.
Aramco is White & Case’s second-largest client worldwide. Before the launch of the firm’s Saudi office in 1991, the 50-year relationship was managed out of New York, which continues to perform a role on international matters.
However, when Al-Sheikh served as its local sponsor he dealt with the majority of Saudi matters, with a small number of other firms, including Allen & Overy, also taking roles.
Both Al-Sheikh and White & Case declined to comment.