Eversheds links with Al-Jufairi as the Middle East liberalises its economy to attract foreign business
Eversheds has boosted its Middle Eastern presence by forming an alliance with Qatar-based firm Al-Jufairi.
As first revealed on www.thelawyer.com/lawyer news, the firm has signed an agreement of cooperation with the firm, which is based in the wealthy Gulf state of Qatar. The relationship with Al-Jufairi will enable Eversheds to service clients in the Gulf and act for Qatari investors overseas.
Eversheds is already involved in a number of infrastructure projects in Qatar. It has also advised the country in the International Court of Justice and in a number of International Chamber of Commerce (ICC) arbitrations.
Eversheds already has a significant Middle East client base. In 2001, it advised the Abu Dhabi royal family on its £325m acquisition of Mayfair's famous Berkeley Square. Eversheds decision to target Qatar comes as the country is liberalising its economy and seeking to attract foreign investors and businesses.
Al-Jufairi specialises in corporate and commercial work and in energy, construction, intellectual property and labour law.
Eversheds' head of international Alan Jenkins told The Lawyer: "The importance of Qatar has long been recognised and is increasingly evident. We look forward to working in cooperation with our friends at Al-Jufairi in serving each other's clients. This is a further significant milestone in the development of Eversheds internationally, and provides a new link to our European and Asian relationships."
Last year, Eversheds announced an alliance with Italian firm Piergrossi Bianchini and continued to ramp up its Paris office.