Clifford Chance Clifford Chance brings Saudi ally team aboard for mixed practice launch By Joshua Freedman 6 March 2013 10:08 17 December 2015 14:25 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Uncle Sam 6 March 2013 at 13:41 I know it is important to constantly talk things up as being “first of a kind” or “taking things to the next level” when writing articles about Saudi Arabia. But how exactly is this different from the structure being used at A&O, Jones Day, Fulbrights and any number of other firms where the local Saudi partner is also a partner in the international partnership? Can you explain this to me please? To me, it just looks like a couple of the Saudi partners have changed their hats to CC hats while the others still have their Al Jadaan hats on. Hardly a ground-breaking change is it? Or am I missing something significant? Reply Link Anonymous 6 March 2013 at 15:45 This new arrangement doesn’t appear to require a local sponsor. Maybe they got permission to set up a new entity without local sponsorship. Reply Link Andreas Haberbeck 6 March 2013 at 17:22 CC’s restructured operation will be a locally registered professional partnership in which CC can own up to 75% of the shares and Saudi nationals who are licensed as lawyers in Saudi Arabia must own at least 25% of the shares. This differs from all other international firms’ operations, who have associations with locally admitted lawyers, but who do not themselves have a presence in Saudi Arabia. Reply Link Uncle Sam 7 March 2013 at 07:52 Thanks. The fact that it is a PSC was not clear from the article itself. I wonder how long it took between application and approval.I heard about DLA applying for a PSC some years ago, but never heard the outcome. Reply Link Ben 9 March 2013 at 06:44 – Integration does not hinge on whether the legal structure is a local partnership or an unincorporated JV with a local partner. – Integration comes down to having a ‘one team’ approach, instead of having Saudi lawyers who are pigeonholed into local law advice. Reply Link Ben 9 March 2013 at 06:47 – For all the marketing rhetoric about its new corporate structure, CC and Al Jadaan remain two completely different organizations – where the Saudi part acts as local counsel while the bulk of the transactional stuff is done by a few international lawyers on the ground and, for the most part, out of CC Dubai. The same division of labour essentially applies to the other Magic Circle firms, e.g., A&O, Freshfields and now Links. The rest is really PR fluff. – Only a handful of international firms actually train and integrate Saudi lawyers as part of their international team on the ground. These tend to be US firms – especially Latham and White & Case. Baker McKenzie is trying. In other words, US firms work harder on achieving integration, e.g., by having local lawyers work on deals alongside international lawyers, as opposed to having a ‘local team’ and an ‘international team.’ – Independent local firms that have international lawyers also tend to work harder on integration than the MC firms. Reply Link Anonymous 14 March 2013 at 21:18 Ben, you’re more likely to get a Saudi lawyer working on your deals with A&O and Freshfields than with Latham’s or Baker’s. It’s a matter of which lawyers are working where at a given time rather than “American v British”. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.