Finweek English Edition - - INSIGHT -

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.”

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