On the up – why law firms are reaping the benefits of Ireland's booming economy
The country's legal market is blossoming, but the threat of Brexit and the recent influx of international players could rock the boat
June 02, 2015 at 07:03 PM
14 minute read
Ireland's legal services market has proved more resilient than initially feared in the aftermath of the financial crisis, which hit the country hard. For the past few years the legal sector has been thriving as the country's pro-business stance has boosted optimism and finance flows, attracting trillions of euros in funds as well as huge corporate behemoths like Google, Twitter and Facebook to its shores.
"2015 has been consistently busy and it looks likely to remain so," says Ed Butler, managing partner at LK Shields. "There is a more substantial and confident feel to the market than in 2014 – a little less hesitant and more optimistic. Possibilities are opening up. Cranes and scaffolding are in evidence in Dublin once again, there's pressure on commercial premises and the government is committed to business-friendly policies and improving infrastructure, so the indicators for 2016 are positive."
Irish law firm Mason Hayes & Curran increased its revenue by 25% in 2014 to €60m (£42.8m). According to managing partner Declan Black, about 40% of this growth related to work undertaken on behalf of international clients operating in Ireland. The strong results also reflected the uptick in activity in the Irish economy generally.
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Who Got The Work
Burr & Forman partner Garry K. Grooms has entered an appearance for 4M Acquisitions and Wallace D. Tweden in a pending environmental lawsuit. The action, filed July 22 in Tennessee Middle District Court by the McKellar Law Group and Mark E. Martin LLC on behalf of Tennessee Riverkeeper, contends that the defendant's violated the Clean Water Act and Tennessee Water Quality Control Act by allowing for the discharge of pollutants into waters of the U.S. without obtaining a National Pollutant Discharge permit. The case, assigned to U.S. District Judge Aleta A. Trauger, is 3:24-cv-00886, Tennessee Riverkeeper, Inc. v. Tweden et al.
Who Got The Work
Ramsey M. Al-Salam, Gene W. Lee and Stevan R. Stark of Perkins Coie have entered appearances for R-Pac International in a pending patent infringement lawsuit. The case, filed Aug. 12 in New York Southern District Court by PinilisHalpern LLP and Friedman Suder & Cooke on behalf of Adasa Inc, asserts a single patent related to wireless sensors used for tagging products. The case, assigned to U.S. District Judge Alvin K. Hellerstein, is 1:24-cv-06102, Adasa Inc. v. R-Pac International LLC.
Who Got The Work
Walmart has tapped lawyer Nicole M. Wright of Zausmer PC to defend a pending product liability lawsuit. The action was filed Aug. 12 in Michigan Eastern District Court by Wolfe Trial Lawyers on behalf of a plaintiff claiming burns from a defective propane tank. The case, assigned to U.S. District Judge Matthew F. Leitman, is 2:24-cv-12100, Hill v. Ferrellgas, Inc. et al.
Who Got The Work
Kevin Simpson and James Randall of Winston & Strawn have stepped in to represent Comcast in a pending consumer class action. The case, filed Aug. 11 in Georgia Northern District Court by Kaufman PA, contends that the defendant placed pre-recorded debt collection phone calls to the plaintiff in violation of the Telephone Consumer Protection Act. The case, assigned to U.S. District Judge J.P. Boulee, is 1:24-cv-03553, Pond v. Comcast Cable Communications LLC.
Who Got The Work
Potter Anderson & Corroon partners Christopher N. Kelly and Kevin R. Shannon have stepped in to represent cloud computing company Fastly and its top executives in a pending shareholder derivative lawsuit. The complaint, filed Aug. 23 in Delaware District Court by deLeeuw Law and Bragar Eagel & Squire on behalf of Mark Sweitzer, accuses the defendant of failing to disclose that revenue growth in 2023 was primarily driven by a 'consolidation trend' in which companies simplified operations by reducing the number of content delivery network vendors under management, thereby reducing competition and increasing the defendant's market share. The case, assigned to U.S. District Judge Gregory B. Williams, is 1:24-cv-00969, Sweitzer v. Nightingale et al.
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