/Home/Global/Banking & Finance in Saudi Arabia/STAT Law Firm
View profile of STAT Law Firm
Department profile
STAT Law Firm
Department profile | STAT Law Firm
Banking & Finance

Chambers Review

Provided by Chambers

Banking & Finance - Saudi Arabia

3
Band 3

What the Team is Known For

STAT Law Firm is an independent Saudi practice with a growing reputation for transactional matters. It offers a compact banking team which is a regular adviser to several prominent Saudi banks on Islamic finance facilities. Additionally, the department frequently counsels clients on sukuk issuances and a variety of regulatory issues impacting the operation of banks and financial services companies.

Notable practitioners

Key contacts include Richard Blackburn.

Work Highlights

  • STAT Law Firm advised the Saudi Central Bank and the Kingdom's Banking Treasury Group on the contractual ramifications of IBOR migration.

Strengths

Provided by Chambers

One of STAT's main strengths is their deep understanding of banking and finance practice within the Kingdom and their ability to come up with legal solutions that address all parties' needs.

Banking & Finance respondent
Global

The strengths of STAT Law Firm include their technical ability, efficient drafting, commercial thoughtfulness and an ability to communicate effectively with multiple counterparties.

Banking & Finance respondent
Global

STAT are great in terms of their work product. They are hugely responsive and they do a very good job, really navigating the interplay between Shari'a principles and the commercial side.

Banking & Finance respondent
Global