DLA Piper has sent one of its legal directors to Riyadh to become its local sponsor after its alliance with Saudi firm Abdulaziz Al-Fahad came to an end last week (The Lawyer, 30 June).
Abdulaziz Al-Bosaily, who joined DLA Piper’s Dubai office in 2007 from Clifford Chance’s Saudi affiliate?Al-Jadaan?& Partners, left DLA Piper in June and has since set up his own firm.
DLA Piper regional managing partner David Church told The Lawyer: “We have an association with Abdulaziz Al-Bosaily. He’s established his own law firm there. The alliance has been up-and-running from 1 July.”
Under Saudi law, international firms wishing to operate in the kingdom must be sponsored by a Saudi national who is also a Saudi-qualified lawyer. Al-Bosaily fulfils both criteria.
DLA Piper’s existing Saudi alliance came to an end over differences on
how to conduct business. Without a new partner DLA Piper would have had to pull out of the country.
According to Church, now that the alliance with Al-Bosaily has been set up DLA Piper will be seconding lawyers into Riyadh.
It is understood that secondments could include global head of Islamic finance Oliver Agha, who was a colleague of Al-Bosaily’s at Al-Jadaan prior to joining DLA Piper.