Pictured are Barry Devereux, managing partner and Gary McSharry, corporate partner, McCann FitzGerald
Irish law firm McCann FitzGerald has announced it will open a New York office in February 2016.
McCann FitzGerald comprises some 69 partners and over 350 lawyers and professional staff, providing the legal advice and representation to Irish and overseas clients. Its clients are principally in the corporate, financial and business sectors and it also advises government entities and many state bodies.
With established offices in London and Brussels, as well as its principal base in Dublin, the Irish law firm is increasing its investment and expanding its reach in the US market.
It is consistently recognised by clients and market commentators as being the market leader in many practice areas.
The new office will be located on West 45th Street in district of Manhattan and will be headed by Gary McSharry, corporate partner at McCann FitzGerald.
He commented: “There is a growing demand for an Irish corporate law presence in the US, evidence of which is that many of the largest US corporate and merger and acquisition (M&A) transactions in the past 24 months involved Irish companies. These deals required significant input from Irish corporate lawyers as well as US lawyers. The natural next step is for McCann FitzGerald to open an office to satisfy both Irish and US client demand.”
US companies have invested over $270bn in Ireland (more than the BRIC countries combined) and more than 140,000 Irish people work for US companies in Ireland.
Irish investment in the US is in excess of $26bn and these businesses generate an impressive $62bn in annual sales.
Barry Devereux, managing partner, McCann FitzGerald, said: “McCann FitzGerald is excited to be expanding to the US market with the opening of our New York office. Significant economic recovery in both the US and Irish markets has driven increased demand for legal services, particularly in the areas of M&A, asset management, venture capital/private equity, and foreign direct investment. Opening a full working office in New York allows us to grow the services we offer clients and increase our focus on this important market.”