EY Law (includes subsidiary HVG Law) is one of the largest law firms in the world, employing more than 3,500 legal professionals including 2,400 attorneys across 90+ countries.
EY Law first debuted in the Middle East in 2019 and
has since expanded to a team of 12 experts. Chris Sioufi, who formerly served
as a partner and regional co-managing partner of the firm's Middle East
practice, has taken over as the organization's new leader.
Sioufi has over 25 years of experience as a corporate
and finance attorney. He has advised both public and private clients and works
on a broad variety of corporate transactions, including mergers and
acquisitions, private equity, leveraged acquisitions, collective investment
schemes, structured financing, and Islamic finance issues.
Sioufi worked as the general counsel and chief
compliance officer for an Islamic investment bank in Bahrain before joining
Dechert, a law firm with its headquarters in the US. Prior to joining Dechert,
he was a partner at two other international law companies and a Canadian law
firm.
Dubai-based Sioufi has garnered numerous awards for
his work throughout the course of his career, including inclusion in Chambers'
Global 2022.
"I am happy to be managing EY's legal practice in
the MENA region and to be joining EY. Working closely with the EY Law worldwide
offering for clients from all around the world, I look forward to assisting the
service's expansion into a regional powerhouse across key jurisdictions.
Multidisciplinary practices are used by EY Law. The
division provides stand-alone work to corporate legal counsel and collaborates
with EY teams on projects that need for legal know-how, like corporate
advising, transaction services, or restructuring.
One of the main drivers behind Sioufi's decision was
this integrated offer. We can provide customers with innovative and
collaborative strategies that deliver long-term value thanks to EY's breadth of
disruptive solutions and capacity to collaborate across business lines.
"We are seeing organizations adapt their business
models to include more integrated strategies amongst internal operations,
providing a seamless approach to doing business," Ahmed Al-Esry, EY's MENA
Tax Leader, continued. EY's multimodal regional law solution offers clients a
convenient one-stop shop that will help them bridge the gap between business
advisers and legal advice at a reasonable price.
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