DLA Piper has expanded its presence in the Gulf through a joint venture with the international division of Kuwaiti firm Al Wagayan, Al Awadhi & Al Saif.
DLA Piper will be of the few international firms to tap the Kuwaiti market. As revealed by The Lawyer (2 June 2008), Denton Wilde Sapte poached the entire Kuwaiti office of Bryan Cave, led by David Pfeiffer. Stephenson Harwood also has a presence in the country.
DLA Piper joint chief executive officer Nigel Knowles said: “Kuwait is one of the few countries in the Middle East we did not yet have a presence in. Given that Kuwait is one of the key Gulf Cooperation Council (GCC) economies, it was a strategic decision to partner with a local organisation that mirrors our own principles and objectives.”
Al Wagayan specialises in corporate, commercial, banking and finance and Islamic finance and projects work.
DLA Piper currently has 120 lawyers in the region, spread across offices in Abu Dhabi, Doha, Dubai and Muscat. It also has a presence in Riyadh.