‘The evolving market landscape presents substantial opportunities’

ACTIVITY The firm’s decision to appoint Joint Managing Partners in 2024 was driven by a strategic vision to harness diverse expertise and leadership skills within the firm. My expertise lies in Employment Law, while Cillian Balfe has a strong foundation in Corporate and Mergers and Acquisitions. This complementary blend of skills allows for a natural division of duties and responsibilities, optimising our leadership effectiveness.

Additionally, as an independent medium-sized law firm, it is customary for the Managing Partner to juggle client work alongside business management responsibilities. By sharing this role, Cillian and I are able to maintain our dedication to existing clients while simultaneously focusing on the growth and development of the firm.

Towards the end of 2023 there was a significant increase in corporate transactional work and this has continued into the first quarter of 2024. We also continue to see strong activity in Commercial Litigation and Employment and see this continuing for 2024. We are focusing our growth around these key areas.

OUTLOOK In light of Ireland’s economic deceleration in 2023 and the forecast for steady, albeit modest growth in 2024 and 2025, the sentiment regarding business confidence among our clients reveals a nuanced perspective. Our clientele, comprising long-standing enterprises, family businesses and international organisations, possesses a deep-rooted understanding and resilience in the face of economic variances.

We observe a consensus among these businesses that, despite the current economic temperance, the evolving market landscape presents substantial opportunities for strategic expansion and investment. As the market begins to stabilise, we anticipate that our clients will be at the forefront, making well-informed, strategic decisions aimed at fostering growth and securing competitive advantages in their respective sectors.

This perspective underscores a broader sense of optimism and preparedness within our client base, reflecting a confidence not merely in weathering the current economic climate but in identifying and seizing opportunities for robust growth and development in the coming years.