‘We intend to grow our client base across all areas of the practice’ JAMES DUGGAN

Managing Partner Flynn O’Driscoll

ACTIVITY 2022 was another strong trading year for our firm. Our turnover grew 15% and our staff numbers grew to over 100, and our M&A practice was ranked No.1 in ROI deal volume for 2022 by Experian

MarketIQ. We invested in a new Banking & Finance department, and we have had increased demand in our corporate, aviation, litigation, property and employment practice areas in particular.

Rising interest rates are certainly something we have been following closely. Typically rising interest rates will lead to a cooling of M&A and borrowing activity. However, this in turn can lead to an increase in corporate and financial restructuring transactions. Rising interest rates can also impact on staffing levels, which we have seen already in the context of the tech companies and their servicers, and this leads to an increase in activity for our employment group.

WORKPLACE Pre-Covid we invested in the necessary technology and equipment to work effectively from remote locations, and we were early adopters of a hybrid working environment, which continues to work well. People are core to our culture, and regular team meetings, whether in person for those in the office on a given day or electronically for those working remotely, are a requirement across the firm.

OUTLOOK The strong growth in recent years, and the challenges of the Covid period, have given rise to many learnings across our business community and government. I am confident this will serve us well as we navigate the challenges and opportunities of 2023. We intend to grow our client base across all areas of the practice and to continue our focus on the opportunities from our international client base throughout 2023.