Herbert Smith Freehills, Kramer Levin announce combination

The two firms described the combination as transformational, as the combined firm will have a unique global platform and exceptional reach, and which they described as “the first truly transatlantic and transpacific law firm combination”.

HSF Kramer will deliver unrivalled support to clients on their complex transactions and high-stakes disputes.

The combination will be a top 20 firm globally, with around 2,700 lawyers including some 630 partners across 26 offices, and with more than $2 billion in revenue.

Rebecca Maslen-Stannage, chair and senior partner of Herbert Smith Freehills, said:

"This combination is a historic and long-term commitment from both firms to pursue our future together as one combined firm, and this is just the beginning. We are excited about our shared vision and will build on our strong foundations around the globe".

For his part, Justin D'Agostino, global CEO of Herbert Smith Freehills, said: "Today is an exciting day – a major milestone for our firms. HSF Kramer's combined offering, global reach and scale means we will be able to deliver more effectively for our clients, whose needs are evolving rapidly in a complex environment".

And Paul H. Schoeman and Howard T. Spilko, co-managing partners of Kramer Levin, said: "Joining forces with HSF is a unique opportunity that enables us to achieve our shared vision and potential for strategic growth in the US. This is a significant achievement for our combined firm".

Completion of the combination is expected to take place on June 1, 2025.