Independent firms dominate the Irish legal market but a slowdown in inversion-style deals threatens a robust post-crisis recovery.
‘The Irish economy is very small, open and independent, which is to a large extent very dependent on international capital,’ says Brian O’Gorman, managing partner of Arthur Cox. ‘One of the things that helped Ireland recover from the financial crisis and beyond was the willingness of international private equity and in particular major US private equity to invest in Ireland.’
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