Khalid Al-Thebity has joined the firm, continuing the firm’s strategic expansion in the Middle East and globally at an extraordinary time for regional business growth
NEW YORK – March 14, 2023– Greenberg Traurig, LLP will be expanding its presence in the Middle East in Riyadh, Saudi Arabia. The firm will now be operating in affiliation with Khalid Al-Thebity Law Firm and is applying to register a joint venture in Saudi Arabia. Khalid A. Al-Thebity joins as Managing Shareholder, with a team of additional shareholders and associates expected to join imminently.
Khalid Al-Thebity Law Firm has been operating in Saudi Arabia for more than 25 years and has an exceptional reputation advising private, government and quasi-government clients on many of the most important corporate, finance, project and project finance, PPP, infrastructure, natural resource, real estate, hospitality, privatization, corporatization, corporate restructurings, and legislative and regulatory matters in the Kingdom of Saudi Arabia.
“I have known and respected Khalid for a long time, and he is an established name in the region. This is a truly unique opportunity to expand in Saudi Arabia at a time of extraordinary growth and innovative development, with the right people who stand for excellence and fit our respectful and collaborative culture. Khalid’s reputation as a preeminent lawyer in the Kingdom makes him and his practice wholly synergistic with the firm’s global offerings. The change in local guidelines is allowing global law firms to build a genuine presence in the region. Khalid and the distinguished team that we expect to be joining us shortly, and each of their long-standing relationships with many of our lawyers and key regional clients, will allow us to make a material impact from day one,” said Richard A. Rosenbaum, Executive Chairman of Greenberg Traurig.
“Greenberg Traurig competes in every market we are in through our empowered, respected, and trusted people on the ground. We are the go-to firm for business, located in all the world's centers of growth, innovation, development, and finance. We are not a verein, nor formed by mergers. We are one united firm of more than 2,650 lawyers generating nearly $2.2 billion in revenues, with unmatched coverage across 34 offices containing 2100 lawyers in the United States, including more than 300 lawyers in New York, 400 in Florida, 250 in California, 160 in Texas, and major market presence in Atlanta, Boston, and Chicago. Outside the United States, we now have 10 locations across Europe and the Middle East, Latin America, and Asia, including more than 400 lawyers in Europe and 130 in London. We will be opening in Singapore and now have our affiliation with Khalid Al-Thebity Law firm in Riyadh,” added Rosenbaum.
Greenberg Traurig reported its 9th consecutive year of record growth in FY 2022, with more than $2.17 billion in revenues, and grew to 2,650 lawyers worldwide. In 2022 the firm opened offices in Charlotte, Long Island, and Portland. Earlier in 2023 the firm opened in San Diego.
“Greenberg Traurig’s strength in anticipating client and market needs, geographic footprint, diverse practice areas which perfectly suit our current needs, and stellar global brand along with our experience knowing and working alongside many of the firm’s lawyers and the major regional clients, made it an easy decision. This move will allow us to provide top-tier representation and offerings to our clients as they look towards the exciting opportunities being provided by the KSA market in alignment with Vision 2030,” said Al-Thebity.
Al-Thebity represents clients on corporate and commercial matters, as well as financial law matters and real estate. His practice includes Saudi litigation and arbitration cases, including representing the government of Saudi Arabia on several international law matters since 1996. He also advises insurance companies with respect to Saudi regulatory matters. Khalid’s views and comments have been sought by many agencies on draft laws and regulations.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 44 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 250. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.