International law firm Eversheds to expand into Mauritius
London-based law firm Eversheds, with lawyers at 50 offices in 29 countries worldwide, has announced a tie up with Mahons Attorneys, which is present in Johannesburg, Cape Town and Port Louis. (Image: Legal Week)
London-based Eversheds, a major international law firm, will establish its footprint in the African continent, gaining access to Mauritius and South Africa markets.
Eversheds, with lawyers at 50 offices in 29 countries worldwide, has announced a tie up with Mahons Attorneys.
This will provide Eversheds with access to Mahons offices in Johannesburg and Cape Town in South Africa as well as Port Louis in Mauritius.
Mahons will rebrand to take the Eversheds name at the start of 2014. The ten Partner team advises domestic and international clients across a broad range of business sectors.
Bryan Hughes, Eversheds Chief Executive, said that having a strong platform in South Africa was vital to their growth plans in the region and was a significant addition to their global offering.
An international law firm entering Mauritius is welcome news for the island nation, which suffers from the perception of merely being an offshore financial center and not an economy of substance.
According to Sridhar Nagarajan, CEO, Standard Chartered Mauritius, international law firms setting up base on the island economy will act as a boost to its image, since these agencies will be the best champions of Mauritiusâ€™ cause as a low tax jurisdiction and counter allegations of the island being a tax haven.
Meanwhile, Eversheds has also announced other expansion plans into Africa with well- established and growing legal firm El Heni in Tunisia poised to join Eversheds and become the firmâ€™s Tunisian office.
Both tie ups are further key building blocks in Evershedsâ€™ pan-African strategy announced early October, which will see the establishment of additional offices in the key markets of Morocco, Ghana and Kenya in the coming months.
Mohamed Raouf El Heni, co-founder of El Heni, Tunisia said that the tie up between Eversheds and El Heni would be of benefit to their diverse existing client base and will create further domestic and international opportunities in the future.
The firm also announced the launch of the Eversheds African Law Institute (EALI), creating a unique entity in the region which will allow member law firms in Africa to access training and knowledge sharing programmes while fostering commercial opportunities on a regional and international basis. Firms in 14 countries (Angola, Benin, Cameroon, Ghana, Ivory Coast, Mali, Mauritania, Morocco, Mozambique, Nigeria, Senegal, Sierra Leone, Sudan andÂ Tunisia) have so far signed up as members of EALI.