Last updated
    Herbert Smith Freehills
    Legal Services

    Herbert Smith Freehills

    Australia flagAustralia

    "A global law firm with roots in London and Sydney, now strengthened by a New York merger."

    Founded 2012 London, England and Sydney, Australia
    Community

    About

    Herbert Smith Freehills Kramer LLP, better known as HSF Kramer, is a global law firm that traces its roots to two prestigious practices on opposite sides of the world. In 2012, the UK's Herbert Smith, a member of the elite Silver Circle, merged with Freehills, one of Australia's Big Six firms, creating a transcontinental powerhouse. The firm's dual headquarters sit in London and Sydney, and by 2024 it ranked as the 33rd largest law firm globally by revenue.

    In a move that reshaped the legal landscape, Herbert Smith Freehills announced a merger with New York-based Kramer Levin, effective 1 May 2025. The combined entity, now operating as Herbert Smith Freehills Kramer, brings together deep expertise in corporate law, litigation, and regulatory matters across Europe, Asia-Pacific, and the Americas. The merger reflects a broader trend of consolidation among top-tier firms seeking to serve clients on a truly global scale.

    The firm's heritage is a story of two institutions with distinct identities. Herbert Smith, founded in 1882, built a reputation for commercial law and dispute resolution, while Freehills, established in 1852, was a cornerstone of Australian legal practice. Their union created a firm with over 5,000 lawyers across 30 offices, known for its work on major cross-border transactions and high-stakes disputes. The addition of Kramer Levin, a firm with a strong presence in New York and Paris, extends that reach into the world's largest legal market.

    Products & Sub-brands

    Mergers & AcquisitionsLitigation and Dispute ResolutionIntellectual PropertyEnergy and InfrastructureFinancial Services and FundsLabor and EmploymentCorporate Law

    Frequently Asked Questions

    Who owns Herbert Smith Freehills?
    Herbert Smith Freehills Kramer is a global law firm partnership, not a publicly traded company. It is owned by its partners, who share in the firm's profits. Following the 2025 merger with Kramer Levin, the combined partnership of Herbert Smith Freehills Kramer LLP owns and operates the firm across its global offices.
    Who is the CEO of Herbert Smith Freehills?
    As a law firm partnership, HSF Kramer does not have a traditional CEO. Instead, the firm is led by a global managing partner and an executive committee elected by the partnership. The firm's leadership manages operations across its dual headquarters in London and Sydney.
    How much is Herbert Smith Freehills worth?
    HSF Kramer is a private partnership and does not publish a public valuation. However, as the 33rd largest law firm globally by revenue as of 2024, the firm generates annual revenues estimated in the multi-billion dollar range, with over 5,000 lawyers across 30+ offices worldwide.
    Herbert Smith Freehills vs. Allen & Overy / Magic Circle firms, which is better?
    HSF Kramer is a leading global firm with particular strength in Asia-Pacific, Europe, and increasingly the US following the Kramer Levin merger. While it ranks below the traditional 'Magic Circle' firms (Allen & Overy, Clifford Chance, Freshfields, Linklaters) in global revenue, it is a member of the elite 'Silver Circle' and is highly regarded in disputes, corporate law, and energy. The choice between firms depends on specific practice area needs and geographic focus.
    Is Herbert Smith Freehills still in business?
    Yes, Herbert Smith Freehills is very much in business and has expanded its global footprint through the 2025 merger with Kramer Levin, now operating as Herbert Smith Freehills Kramer. While the firm recently lost its 34-lawyer IP litigation team to Brown Rudnick and disclosed a data breach, it remains one of the world's largest and most prominent law firms.

    Keywords

    global law firmlegal servicesmergers and acquisitionslitigationcorporate lawenergy lawintellectual propertyfinancial servicesKramer LevinHSF Kramer

    Sources

    Company Info

    Founded
    2012
    Headquarters
    London, England and Sydney, Australia
    Industry
    Legal Services
    Employees
    5000
    Global Ranking
    33rd largest by revenue (2024)
    Number of Lawyers
    Over 5,000
    Offices
    More than 30 worldwide

    Official Website

    www.herbertsmithfreehills.com/

    Join the community

    fans discussing