Ireland’s days of economic boom might be coming to an end, but the country’s legal sector remains bouyant.
As this Ireland Special Report examines, a new role has been emerging for Irish law firms in the shape of political lobbying, which is a dream come true for public affairs lawyers. Although historically the reputation of political lobbyists has been less than positive, the role has gained a huge amount of respectability in recent years, which is great news for those lawyers working in this sector.
Elsewhere, the regulation of the country’s gambling industry, which turns over more than e3bn (£2.36bn) a year, is a major concern at the moment. The country is on the verge of tabling an updated gambling act – something that could help boost the national coffers by increased taxation revenues.
At the same time, Irish money laundering rules are being revamped, something that is expected to bring the Irish stance in line with EU law.