LAWFUEL – Legal Newswire – International law firm Eversheds LLP today announced that it has been awarded a licence to operate in Abu Dhabi; a move that will further strengthen the firm’s Middle East practice.
The licence is a significant milestone for the firm as it expands its Middle East practice, which already works with an impressive client list including HSBC, Boeing and the National Bank of Abu Dhabi. The Emirate is currently engaged in a major re-gearing of its economy to diversify out of oil and has become a major international gateway into India.
Alan Jenkins, Chairman and Head of International at Eversheds, comments:
“We are thrilled to get the licence. Abu Dhabi is an Emirate that is looking to diversify and grow rapidly and both our Middle East and India Business practices will benefit greatly from this news. Abu Dhabi’s burgeoning economy has a strong focus on financial services, real estate and telecoms and in particular the Emirate aims to be a global leader in sustainable development and the renewable energy market. These are all sectors where Eversheds has a very strong track record and a wealth of insight to bring to the diversification programme.”
Under the terms of the licence agreement, Eversheds has committed to send out UK nationals in order to establish the wholly owned office. These include, Chris Jobson, previously managing partner for Eversheds in Qatar who will now become Eversheds’ managing partner for the Middle East. Jobson will be joined by a further two Eversheds’ partners, two associates and one solicitor.
In the last twelve months, Eversheds International opened offices in South Africa, Switzerland, Lithuania, Latvia, Estonia, Prague and Bratislava. Added to this, Eversheds will soon be moving into state-of-the-art worldwide headquarters in the City of London at One Wood Street.
Alan Jenkins concludes:
“2007/2008 has seen a phenomenal growth of Eversheds International and 2008/2009 looks even more promising. We are still committed to investing and laying the foundations for continual growth, and ensuring we work closely with our global clients. We will continue to invest in client facing innovative systems, such as our unique Global Account Management service to ensure their needs are met.”
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Notes to editors
Eversheds LLP is one of the largest international law firms, providing legal services to the business and finance community and across a wide range of industries both in the private and public sector. Headquartered in the heart of the City of London at new purpose-built offices at One Wood Street, Eversheds International has over 2,000 legal and business advisers. Access to specialist legal expertise is provided through 37 international offices, which are based across Europe, the Middle East, Asia and Africa.
Eversheds is a pioneer in the legal sector, following the introduction of its unique project management approach to planning and billing and launch of its innovative Global Client Management methodology (GAMS). It recently published an in-depth report, ‘The Law Firm of the 21st Century’, cementing its position as one of the most innovative and client facing law firms and outlining the issues that the sector will face over the next 10 years. A copy of the report can be obtained from Eversheds website.