WHAT SECTORS ARE DRIVING THE DEMAND FOR LEGAL SERVICES?
Energy and i nfrastructure, financial services, private equity, retail, transport and technology, media and telecommunications sectors, says Els. “We are seeing an increase in demand for specialist project finance services in both South Africa and sub-Saharan Africa. The demand for legal services, particularly in South Africa, is also driven by the increased complexity of the legal environment, for example increased regulation in areas like broad-based black economic empowerment, competition and tax.”
Norton Rose Fulbright recently expanded its footprint in Africa by forming strategic alliances with leading law firms in Uganda and Zimbabwe, giving it extensive coverage of southern and Central Africa.
Regulation and red tape are the primary obstacles facing global businesses, according to recent research by Acritas, an international legal market research firm. This motivated Norton Rose Fulbright to launch a specialised global regulation and investigations practice, with the aim of assisting clients to overcome regulatory hurdles.
The firm with the widest representation is ENSafrica, with seven offices in SA and a total of 14 offices in seven countries.
Says ENSafrica spokesperson Kim Hawkey: “Our main growth areas in terms of practitioners over the past two years have largely been in our new offices –we have offices in Burundi, Mauritius, Namibia, Rwanda, South Africa, Tanzania and Uganda – as well as in the practice areas of construction, employment, the China practice group and private clients.”