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01/17/07

Akin Gump to market expertise in Dubai


International law firm Akin Gump Strauss Hauer & Feld, LLP, received a license to open office in the Dubai International Financial Centre (DIFC). This will grant the firm operational access to a wide platform of emerging markets spread across three continents: Africa, the Middle East, and South Asia. Established in 2004 and with more than U.S. $1 trillion in infrastructure projects already underway or planned, the DIFC is designed to serve the region as an onshore hub for global finance, bridging the time gap between the financial centers of Hong Kong and London. It has assumed the role of a key operational center for firms seeking to provide specialized financial and legal services to the Middle East and beyond. Akin Gump and DIFC will work in tandem to raise awareness levels about the potential of the DIFC to U.S. corporations and other investment institutions.

Akin Gump’s attorneys operate from 15 offices worldwide. The newly acquired Dubai Financial Services Authority’s stamp of approval to lend legal expertise to financial institutions operating in the DIFC, has further fortified the firm’s well-established Middle East presence.

Akin Gump’s Dubai office opened in 2005 and is headed by energy and projects partner Gavin Watson. They offer clients services in a wide area of practices, including alternative investment products, corporate/commercial activities, private equity transactions, and energy project development and finance. With its expertise in private equity and investment funds, and a strong reputation in energy project development and finance, the firm’s association with the Arabian land spans several decades. The firm has been present in the Middle East financial market for more than seven years and gaining operational rights in the dynamic market is a spectacular achievement for the U.S. firm.

Gibbons shortens moniker
What’s in a name? Ask Gibbons Del Deo Dolan Griffinger & Vecchione’s Managing Partner Patrick C. Dunican Jr., who will say ‘everything!’ The firm intends to shorten its moniker to Gibbons for convenience. The change is slated to take effect next month and will also include a new logo.

The move was spurred by an analysis done among clients, peers, alumni, and lawyers by the firm, which revealed that everybody did not progress with the firm’s name beyond the first name, Gibbons. The firm has decided to adopt the shortened name for all its internal and external communications to create a niche for itself as well as to increase the firm’s brand awareness. The new moniker has been adopted after John J. Gibbons, who returned to the firm in 1990 after serving as chief judge of the 3rd U.S. Circuit Court of Appeals.

Newark-based Gibbons, with 210 lawyers, entered the Philadelphia market in May 2005 with the induction of David Marston, former U.S. Attorney as a partner and acquiring of Hecker Brown Sherry & Johnson a litigation boutique in Philadelphia after seven months.

Akin Gump Strauss Hauer & Feld LLP

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