Kramer Levin, a notable New York law firm, is merging with Herbert Smith Freehills, creating a major global legal entity. Co-chairs Elise Wagner and James Power emphasize the firm's unique approach to land use law, where attorneys function as planners and advisors, not just litigators. They've played an integral role in significant development projects throughout New York City, leveraging extensive institutional memory and expertise rooted in local politics. This merger marks a pivotal moment for the firm, highlighting its influential position in shaping New York's landscape.
'You're not just being a lawyer. You're being a planner and dealing with environmental issues, political strategy, and working with government officials,' Wagner said.
'We, as a collective department, have been involved in basically every major development project in New York City, either on the borrower or the lender side, or the investor side, tenant side,' Power said.
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