Nathalie Tidman, Legal Business: Welcome everyone. We have a fantastic panel of extremely talented and insightful people here this evening.
As a starter for ten, what do you see as the real opportunities and benefits for in-house lawyers using generative AI in your day-to-day dealings? Continue reading “The Ireland debate: Don’t fear the robots”
‘What’s happening with Kirkland would make a great Netflix documentary, although maybe a bit niche,’ quips one managing partner of the recent saga of the Chicago-bred powerhouse and Paul Weiss’ London office. ‘Let’s hope they’ve had cameras dotted around the office!’ The amused detachment with which the remark is delivered could be said to sum up the stance of Ireland’s law firm leaders in the round – often looking on at the dramas besetting other international markets from a rarefied position of relative immunity to the worst of the upheavals faced elsewhere in the world.
However, no market is an island, and many of the challenges faced by Ireland’s leading firms this time last year not only remain but have become more urgent. Managing partners are just as alive to reversals created by an ultra-competitive recruitment environment, not helped by a cost-of-living crisis that shows little sign of releasing its grip any time soon, while the ongoing war in Ukraine and related upward spiral of interest rates and inflation continue to make themselves felt. Continue reading “Ireland focus: No line on the horizon”
Can you tell us a little bit about your career and how you ended up at Walkers?
When I graduated from University College Dublin in 2001 with a business and law degree I wasn’t entirely sure what I wanted to do. A friend in university had started working in a finance role within a fund administrator and he told me that if I joined and stayed for three months that he would get a €500 referral bonus. I joined. He got the referral bonus (which he didn’t share with me incidentally) and subsequently left to become a primary school teacher. Ironically, I have remained in the funds industry ever since. My legal career began a couple of years later with one of the leading domestic firms in Dublin, where I was earmarked for their investment funds group when I finished my traineeship. In 2011, I moved to London and joined the global asset management firm, PIMCO. I stayed in London with PIMCO for almost seven years before returning to Ireland in 2018 when I joined Walkers. During my time in London I completed an MBA at London Business School and briefly considered the idea of moving out of a legal role but ultimately stuck with a career in the legal profession. I feel that I have made the right choice and enjoy working in the funds industry in Ireland. Last year, I was elected to the Council of Irish Funds (the asset management and investment funds industry association here) and recently have been appointed to the role of vice chair of the association and consequently will assume the role of chair next year. Continue reading “Sponsored Q&A: Nicholas Blake-Knox – partner and head of Walkers’ asset management and investment funds group in Ireland”
Lisa Broderick of DAC Beachcroft examines the key problems and priorities for Irish clients, as well as the firm’s recent international growth and adaptations post-Covid
DACB Dublin is part of DAC Beachcroft LLP, an international law firm with over 2,800 professionals and a legal network advising across the United Kingdom, Europe, Asia-Pacific, Latin America and North America. Continue reading “Sponsored briefing: Challenges and strategies in a competitive market”
What are some of the challenges and opportunities you foresee for the investment funds industry in Ireland, and how is Dechert positioned to navigate them?
Continue reading “Sponsored Q&A: In conversation with Dechert Dublin’s managing partner – the case for a global law firm”
The Central Bank (Individual Accountability Framework) Act 2023 (the Act) was signed into law on 9 March 2023 and provides for the introduction of Ireland’s IAF, which represents a significant development in Ireland’s regulatory landscape. The Act’s origins can be traced back to the Central Bank’s 2017 recommendation for enhancing senior individuals’ accountability within regulated financial service providers (RFSPs). It aligns with international efforts to mitigate misconduct risks and addresses cultural failings identified in RFSPs during the 2008 financial crisis. Continue reading “Sponsored briefing: What you need to know: Ireland’s Individual Accountability Framework (IAF)”
When taking stock of the markets over the last 12 months, it is safe to argue that tougher times must inevitably be afoot. While upheavals wrought by the pandemic may have largely receded into the rearview mirror, the volatility that has come to characterise recent times shows no sign of abating, with the Ukraine war leading to energy insecurity and the cost of living crisis, the need to navigate ever-changing Russian sanctions, as well as the looming threat of a global recession.
However, even in this tumultuous environment, offshore law firms continue to defy the odds, with 2022 only building on the growth seen by many in previous years. ‘Despite expecting a challenging economic environment, income has been up across service lines and sectors, without exception,’ states Edward Mackereth, global managing partner at Ogier, echoing the sentiment of many offshore law firm leaders. Continue reading “Offshore report: Tempering against the tempest”
With the Covid pandemic now firmly in the past, the Middle East has been enjoying a return to form, with activity levels up across the region and many law firms – both local and international – in expansion mode.
On top of all of the investment driven by last year’s World Cup in Qatar, the wider Middle East region has benefited in the wake of Russia’s invasion of Ukraine, with global oil prices soaring, boosting revenues in oil-rich nations such as the UAE, where oil exports account for around 30% of GDP. Continue reading “MENA focus: From the World Cup to the world stage”
The Sultanate of Oman is proudly recognised as a nation founded on political stability with exceptional prospects for economic growth. Much like the rest of the gulf region, Oman and its business sector is far more than simply ‘developing’ and has been dedicated to the diversification of its economy away from oil production. Oman has undertaken a complete renovation of its laws, regulations and policies relative to commercial activity in the aim of creating a more accessible and fluid environment for economic development and foreign investment. Particularly within the last five years, the nation has welcomed a number of legal amendments that aim to uplift the nation’s growing economy, facilitating the introduction of new industries and opportunities. Continue reading “Sponsored briefing: Oman: promoting business through the lens of development”
Abdulla Luqman and Firas Tarbosh explore employment legislation, contracts, disputes and malpractice in Yemen Continue reading “Sponsored briefing: Yemeni employment law overview”