Announcement

Collapse
No announcement yet.

DLA Piper Eyes Saudi For Growth

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • DLA Piper Eyes Saudi For Growth

    DLA PIPER EYES SAUDI FOR GROWTH
    Tom Gara

    The National
    Feb 26 2010
    UAE

    The law firm DLA Piper is opening a new office in Turkey and going
    ahead with growth plans in Abu Dhabi, Qatar and Saudi Arabia, after
    laying off staff in Dubai.

    The global firm, one of the fastest growing legal practices in the
    Gulf in recent years, was forced to cut staff in Dubai after demand
    slowed from key clients in the property and finance sectors. "When
    you go through a shock, like everybody else you have to retrench at
    some point," said Lord Clement-Jones, the co-chairman of DLA Piper,
    during a visit to Dubai.

    "We invested heavily and now we have consolidated and had to let
    some people go. But where the growth is, we haven't stopped the
    pace at all." The firm recently made a high-profile hiring in Saudi
    Arabia, recruiting Eyad Reda, a former general counsel at the Saudi
    Arabian General Investment Authority (SAGIA), which is the state
    body overseeing the development of the kingdom's multibillion-dollar
    economic cities.

    In Turkey, DLA Piper joined with a local firm to open its first
    office in the country. Lord Clement-Jones declined to name the firm,
    saying details of the deal were still being finalised. The firm is
    still experiencing strong demand for its lobbying and government
    relations services, which have become more important as governments
    and regulators take larger roles in their economies.

    In the Middle East, Africa and Asia, home to a larger proportion
    of government-led economies and increasingly influential sovereign
    wealth funds, demand is rising for more localised lobbying. Google,
    the world's largest internet company, is in the process of hiring
    a regional lobbyist for the Middle East who will communicate the
    company's position on technology and internet issues with governments,
    regulators and the public. The company is looking for an experienced
    Arab political professional to fill the role, it said.

    "It is about everything from engaging in policy discussions with think
    tanks and industry groups to having a presence in debates taking
    place around the region," said Joanne Kubba, the regional manager
    for communications and public affairs at Google. "It's always good
    to have someone on the ground working on this type of thing."

    While the practice of lobbying politicians is a regulated industry
    in a number of countries, the informal and opaque political systems
    of the region require a different approach, Lord Clement-Jones said.

    "Conventional lobbying doesn't really take place in most emerging
    markets," he said. "Here, you just have to make sure that people are
    meeting the right people, delivering the right messages. A lot of
    it isn't even lobbying, it is getting the right information to the
    right places."

    In the past, the firm has lobbied US politicians on behalf of Middle
    East governments, representing Turkish interests in a heated debate
    over recognition of the Armenian genocide, and working on behalf of
    the UAE in the lead-up to a vote on a nuclear power accord.

    "There's this idea that lobbying is all about taking people to play
    golf," said Lord Clement-Jones, who was made a lifelong member of
    the UK's House of Lords in 1998. "It looks as though we have such an
    easy life.

    "But a lot of it is about advocacy; it's just showing what you are
    all about and what you can deliver. Call that lobbying if you like,
    but I call it good government relations, good communications."
Working...
X