Baker & McKenzie has never been one to rest on its considerable laurels. The paint on the door of the firm’s merger with Abu Dhabi and Dubai-based Habib Al Mulla & Co, which went live on 1 July this year, has barely dried before Bakers began looking to capitalise on its newly-expanded UAE offering.
The July deal gifted Bakers a much larger UAE footprint including a Dubai office. Now it is planning an expansion into the Dubai International Financial Centre (DIFC), a move that would stop the firm being only in ‘onshore’ Dubai.
Al Mulla told The Lawyer last week that it was looking at premises in the DIFC and was planning to apply for a licence to establish a second office there, in a bid to strengthen relationships with banking clients in particular.
Meanwhile Bakers is gearing up to release its 2012/13 global financial results tomorrow. Indications are that they will be largely positive, though if you work at DLA Piper you can probably relax about hanging onto your crown as the world’s largest law firm.
Sorry Bakers, you might be on track for global domination but you can’t have everything your own way.