News Law firms Lovells prepares for Saudi launch By The Lawyer 9 August 2009 00:00 17 December 2015 16:12 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 Anonymous 10 August 2009 at 10:08 I wonder who Lovells have tied up with? I would be very surprised if any of the well established independent local firms would want have anything to do with them. Reply Link Anonymous 10 August 2009 at 12:32 Any firm in the Gulf without Saudi on its radar is deluding itself. This is a predictable move by one of the more reputable international players that joined the Dubai gold rush and will likely seek to leverage off their stellar reputation for Islamic finance and capital markets. Reply Link Political Realist 10 August 2009 at 12:52 Anonymous, 10:08 am: what makes you say that? Reply Link Anonymous 10 August 2009 at 15:45 Unless one of the Magic Circle or Wall St heavyweights comes along, it not in the interests of any of the leading Saudi firms to enter into an exclusive relationship. Lovells (even with its strong Islamic finance practice) and other similar firms will find it hard to sign up a leading local firm without paying a hefty subsidy otherwise the local firm will not be able to make up the loss of referrals from other international firms. It will be interesting to see if Lovells go for Riyadh or Jeddah (or both). Reply Link Anonymous 12 August 2009 at 10:21 Lovells are “likely to leverage off their stellar reputation for Islamic finance and capital markets”?? Are you sure you are talking about the right firm? Reply Link Anonymous 17 August 2009 at 18:02 good move by (silly comments below aside) a good firm. the saudi market needs to be shaken up Reply Link Anonymous 19 August 2009 at 10:44 NOT just another western firm opening in Saudi – Lovells will bring some heavyweight sophisticated Islamic finance experience to Saudi. these guys are super at Sukuks, even the competition will acknowledge that…a welcome addition to the Saudi market! Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.