A massive migration of
major operations from the market circle of UK's legal firms saw a huge influx
of solicitor registration in Ireland due to the Brexit.
Freshfields, Hogan
Lovells, Slaughter and May and Allen & Overy have put forward applicants to
join their roll of solicitors in the Republic of Ireland. They have proceeded
as well before the EU referendum last June 23.
Eversheds plans to
launch the Eversheds Consulting. Its focus would be in Ireland working
alongside a team from Dublin. Meanwhile, Slaughter and May would fund its
Brussels based competition partners to help them join the Irish solicitor roll.
Others are seeking partners as well.
Ciara Kennedy-Loest,
partner at Hogan Lovells, said the firm was registering lawyers from its
competition practice in London and Brussels in Ireland and from its IP
practice.
She said: “Competition
is one area where we have registered lawyers and intellectual property is
another because lawyers registering trademarks have to deal with Europe’s
trademark office. To do so you have to be a lawyer from a qualifying state in
the EEA.”
EU antitrust or cartel
investigations can last for many years and the UK will have just two years to
leave the EU once the Article 50 process is triggered.
