logo
Herbert Smith Freehills Kramer Officially Launches

Herbert Smith Freehills Kramer Officially Launches

Business Wire5 days ago

NEW YORK--(BUSINESS WIRE)--Herbert Smith Freehills Kramer is delighted to announce the successful completion of the combination between Herbert Smith Freehills and Kramer Levin on June 1, 2025.
This transformative combination creates an integrated global legal powerhouse of some 2,700 lawyers, including around 630 partners, across 26 offices.
This transformative combination creates an integrated global legal powerhouse of some 2,700 lawyers, including around 630 partners, across 26 offices.
With over US$2 billion in revenues, positioning it among the world's top law firms, HSF Kramer has established a robust global platform for future investment and expansion.
Rebecca Maslen-Stannage, Chair and Senior Partner of Herbert Smith Freehills Kramer, commented:
'Today we embark on an exciting new chapter. Herbert Smith Freehills Kramer unites two firms with complementary strengths, shared values, and a bold vision for the future. We are delighted by the overwhelmingly positive feedback from our clients and our people. Together, we will focus on our strategic vision and build on this fantastic platform."
HSF Kramer's extensive footprint and global reach offer immediate synergies in areas such as private equity, bankruptcy, disputes, real estate, and securitization, providing clients with unparalleled support on complex transactions and high-stakes disputes.
Justin D'Agostino, Global CEO of Herbert Smith Freehills Kramer, commented:
"In today's fast-evolving and uncertain macroeconomic landscape, clients need a truly global law firm with deep local insight across all their key markets. Herbert Smith Freehills Kramer is uniquely positioned to deliver exceptional outcomes in an increasingly complex and interconnected world."
The firm will have a strong focus on growth and investments, particularly in all these key practice areas as well as a broader transactional offering, on enhancing its New York presence, and on building its regulatory and technology practices centered around its Washington DC and Silicon Valley offices.
Paul Schoeman and Howard Spilko, Co-Managing Partners of Kramer Levin prior to the combination commented:
'We look forward to the strategic investments we will be making as a result of the combination to grow our destination practices in the U.S. and enhance the service we provide to clients here and throughout the world.'
Paul Schoeman will serve as the Executive Partner of the U.S. region, and Howard Spilko will serve as Global Head of Private Equity and Chair of Corporate, US, as well as serve on the Global Council for HSF Kramer.
Justin D'Agostino leads the firm's Global Executive and is joined by Executive Partners Kristin Stammer (Asia & Australia), Jeremy Walden (UK & EMEA), Paul Schoeman (US), Alison Brown (US Growth & Strategic Integration) and Anna Sutherland (Practices).
About Herbert Smith Freehills Kramer
Herbert Smith Freehills Kramer (HSF Kramer) was formed in June 2025 through the transformational combination of Herbert Smith Freehills and Kramer Levin, creating a world-leading global law firm. With over 6,000 people including c.2,700 lawyers and spanning 26 offices, HSF Kramer provides comprehensive legal services across every major region of the world. Uniquely positioned to help clients achieve ambitious objectives, HSF Kramer delivers exceptional results in complex transactions and high-stakes disputes.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Diplomatic win for UK hosting US-China trade talks
Diplomatic win for UK hosting US-China trade talks

Yahoo

time36 minutes ago

  • Yahoo

Diplomatic win for UK hosting US-China trade talks

Sky News understands that the Trump administration approached the UK government to ask if it would host round two of the US-China trade talks. This is a useful 'diplo-win' for the UK. The first round was held in Geneva last month. News of that happening came as a surprise. The Chinese and the Americans were in the midst of a Trump-instigated trade war. President Trump was en route to Saudi Arabia and suddenly we got word of talks in Switzerland. They went surprisingly well. US treasury secretary Scott Bessent and his Chinese counterpart He Lifeng, met face-to-face and agreed to suspend most tariffs for 90 days. But two weeks later, the Trump administration accused Beijing of breaking the agreements reached in Geneva. Beijing threw the blame back at Washington. On Wednesday, Donald Trump and Xi Jinping spoke by phone. The Chinese claimed this call was at the Americans' request. Either way, the consequence was that the talks were back on track. "I just concluded a very good phone call with President Xi of China, discussing some of the intricacies of our recently made, and agreed to, trade deal," President Trump said this week. From that call came the impetus for a second round of talks. A venue was needed. In stepped the UK at short notice. Beyond being geographically convenient, UK government sources suggest that Britain is geopolitically in the right place right now to act as this bridge and facilitator. The UK-China relationship is in the process of a "reset". Other locations, like Brussels or other EU capitals, would have been less workable. Crucially too, for the UK, this is also potentially advantageous as it seeks to get its own UK-US trade agreement, to eliminate or massively reduce tariffs, over the line. Talks on reaching the "implementation phase" have been near-continuous since the announcement last month, but having the American principals in London is a plus. Sideline talks are possible, but even the presence of the US team in the UK is helpful. Read more from Sky News:Man wrongly deported from US to El Salvador has been returned to face criminal chargesMore than 40 'narco-boat' drug smugglers arrested in major police sting For all the chaos that President Trump is causing with his tariffs, he has instigated face-to-face conversations as he seeks resets. Key players are sitting down around tables - yes, to untangle the trade knots which Trump tied, but this whole episode has pulled foes together around the same table; it has forced relationships and maybe mutual understanding. That's useful. And for this next round, between superpowers, the UK is the host. Also useful.

Lemonade First Quarter 2025 Earnings: Beats Expectations
Lemonade First Quarter 2025 Earnings: Beats Expectations

Yahoo

timean hour ago

  • Yahoo

Lemonade First Quarter 2025 Earnings: Beats Expectations

Revenue: US$151.2m (up 27% from 1Q 2024). Net loss: US$62.4m (loss widened by 32% from 1Q 2024). US$0.86 loss per share (further deteriorated from US$0.67 loss in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Performance of the American Insurance industry. The company's shares are up 4.6% from a week ago. You should always think about risks. Case in point, we've spotted 3 warning signs for Lemonade you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump's trade talk delegation is set to face off with China's negotiators in London. Here is what's at stake.
Trump's trade talk delegation is set to face off with China's negotiators in London. Here is what's at stake.

Yahoo

time2 hours ago

  • Yahoo

Trump's trade talk delegation is set to face off with China's negotiators in London. Here is what's at stake.

Top Trump officials are meeting Chinese negotiators in London on Monday. This would be the first official US-China talk since a temporary tariff truce on May 12. International trade experts have said that Trump could be under pressure to strike a deal. Three top Trump administration economic officials will face off against Chinese negotiators in a renewed effort to break the US-China trade deadlock. Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and Trade Representative Jamieson Greer will be meeting China's delegation in London on Monday. "The meeting should go very well," President Donald Trump wrote in a social media post announcing the talks. This coming meeting will be the first official talk between the two countries since they mutually lowered tariffs in a temporary truce on May 12, after talks in Geneva. The renewed talks follow a 90-minute phone call between Trump and China's leader Xi Jinping on Thursday, a rare direct conversation that Trump later described as "very good." According to Trump, the two leaders also agreed to visit each other in person, without providing more details in terms of a timeline. The Chinese Embassy of Washington did not respond to a request for who would be attending this negotiation from its side. The team they sent to Geneva consisted of Vice Premier He Lifeng, Vice Commerce Minister Li Chenggang, and Vice Finance Minister Liao Min. Notably, Li has a Master of Laws from the University of Hamburg in Germany and has been part of China's delegation to the World Trade Organization since 2021. International trade experts previously told Business Insider that much is at stake for both China and the US to strike a deal, or at the very least, continue the truce beyond August 12 when the 90-day tariff pause will expire. "The Trump administration made their job harder because the tariff policies they've implemented are costly to Americans and American companies, and therefore, the market doesn't like it," said Philip Luck, director of the CSIS Economics Program. "They are under a lot of pressure to do things fast." Meanwhile, a lawsuit that threatens to undo all of Trump's tariffs enacted under the IEEPA also looms over negotiations with China. Drew DeLong, lead in geopolitical dynamics practice at Kearney, a global strategy and management consulting firm, told BI that if the court strikes down tariffs before trade deals could come to pass, other routes of imposing tariffs could be more complicated and time-consuming. The White House did not provide Business Insider with any additional comment beyond Trump's Truth Social post. Read the original article on Business Insider

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store