Abdulhakim Binherz Advocates & Legal Consultants

Background

Established in 2014, Abdulhakim Binherz Advocates & Legal Consultants is a premier law firm based in Dubai, United Arab Emirates. The firm is committed to delivering tailored legal solutions with a focus on professionalism, strong ethics, and client-centric services. Specializing in high-value dispute resolution, banking and finance, mergers and acquisitions, and general commercial advisory, the firm has positioned itself as a trusted partner for both individual and corporate clients within the UAE and the broader Middle East region.

Key Strategic Focus

The firm's strategic objectives center on providing comprehensive legal services that cater to the diverse needs of its clientele. Key areas of specialization include:

Banking and Finance Law: Offering expertise in financial transactions, regulatory compliance, and dispute resolution.

Commercial and Corporate Law: Advising on corporate governance, mergers and acquisitions, and commercial contracts.

Employment Law: Guiding clients through employment agreements, labor disputes, and compliance with UAE labor laws.

Litigation and Dispute Resolution: Representing clients in civil, criminal, and arbitration proceedings.

Family and Real Estate Law: Handling matters related to family disputes, property transactions, and real estate development.

The firm leverages its deep understanding of local laws and international best practices to serve a diverse client base, including multinational corporations, financial institutions, and high-net-worth individuals.

Financials and Funding

As a privately held entity, Abdulhakim Binherz Advocates & Legal Consultants does not publicly disclose its financial information. However, industry estimates suggest the firm's annual revenue ranges between $100,000 and $5 million. The firm operates independently, funding its growth and operations through service revenues.

Leadership Team

Abdulhakim Binherz (Founder): Holding an LLM in International Commercial Laws from the University of Northumbria, Mr. Binherz has an extensive background in banking and legal sectors. Prior to establishing the firm, he served as General Counsel for Emirates NBD, overseeing legal affairs, fraud investigation, prevention, and compliance. His notable achievements include leading the merger between Emirates Bank and National Bank of Dubai and managing the legal acquisition of Dubai Bank and BNP Paribas. In 2013, he was honored by His Highness Sheikh Dr. Sultan Bin Mohammed Al Qassimi for excellence in service among UAE nationals in higher management positions in the banking industry. Mr. Binherz is a registered advocate licensed to practice in the Dubai Courts, UAE Federal Courts, and the Dubai International Financial Center (DIFC) Courts.

Hana Al Herz (Marketing & Development Director): With an MBA specializing in International Business from Halifax University, USA, Ms. Al Herz leads the firm's marketing and business development initiatives. Her experience spans retail, consumer, and service industries, including roles at Emirates Bank International and the Dubai International Financial Center (DIFC), where she served as Head of Insurance, Business Entities, Professional Services, Retail, and Events.

Mohamed Abdelkarim (General Manager): Specializing in banking disputes, mortgages, and auction proceedings, Mr. Abdelkarim has over 15 years of experience in banking law and transactional law. He previously served as Head of the Mortgage and Execution Department for Emirates NBD. As General Manager, he oversees all administrative, technical, business development, operations, and recruitment activities for the firm.

Competitor Profile

Market Insights and Dynamics: The legal services market in Dubai is highly competitive, characterized by a mix of international and local law firms offering a broad spectrum of services. The demand for legal services is driven by Dubai's status as a global business hub, necessitating expertise in areas such as corporate law, real estate, and dispute resolution.

Competitor Analysis:

Al Tamimi & Company: One of the largest law firms in the Middle East, offering comprehensive legal services across various sectors.

Hadef & Partners: A UAE-focused firm with expertise in commercial, IP, real estate, and employment law.

Galadari Advocates & Legal Consultants: Known for strong courtroom presence, specializing in litigation, construction, insurance, maritime, and criminal law.

BSA Ahmad Bin Hezeem & Associates LLP: Led by a former Dubai Courts Director, offering services in criminal, family, corporate, insurance, and real estate law.

Afridi & Angell: A pioneer firm with cross-border legal expertise in corporate, maritime, finance, commercial, and arbitration law.

These firms represent significant competition, each bringing unique strengths and areas of specialization to the market.

Strategic Collaborations and Partnerships

While specific strategic collaborations and partnerships of Abdulhakim Binherz Advocates & Legal Consultants are not publicly disclosed, the firm's leadership has a history of involvement in significant mergers and acquisitions, indicating a strong network within the legal and financial sectors. This network likely facilitates collaborations that enhance the firm's service offerings and market position.

Operational Insights

Abdulhakim Binherz Advocates & Legal Consultants differentiates itself through a combination of local expertise and international experience. The firm's leadership, with backgrounds in both banking and legal sectors, provides a unique perspective that appeals to clients seeking comprehensive legal solutions. The firm's commitment to professionalism, strong ethics, and client-centric services further strengthens its competitive advantage in the Dubai legal market.

Strategic Opportunities and Future Directions

The firm aims to become one of the leading law firms in the UAE, with plans to expand its presence in the local market and extend its reach into the Middle East and Asia. By recruiting lawyers in different countries and leveraging the founder's international education and experience, the firm is well-positioned to achieve these objectives.