Today is the last day of the GREAT Legal Services British trade mission to Dubai, United Arab Emirates marking the first legal services trade delegation to the UAE on legal services. Legal Utopia’s Chief Legal Office – Robert Marcus – has been representing Legal Utopia as a delegate member of the trade mission.
The trade mission, opened by Lord David Wolfs of Tredegar QC – Parliamentary Under-Secretary of State for Justice, Ministry of Justice – and Simon Penney – Her Majesties Trade Commissioner for the Middle East, Department of International Trade, followed by a reception at the Dubai British Embassy.
Its focus was the increased cooperation and exporting of English legal services to the UAE and the advancement of commercial trade between the United Kingdom and United Arab Emirates. This was followed this week with a series of panel sessions at the UK Pavilion at the Expo 2020 Dubai with a fireside session moderated by Robert Marcus, Chief Legal Officer on the topic of Lawtech challenges and opportunities with Derek Sweeting QC, Chair of The Bar Council of England and Wales, and Stephanie Boyce, President of The Law Society of England and Wales.
The trade mission closed with its final panel sessions on Sustainable Construction and Renewable Energy, Financial Services: Litigation and Regulation, and Dispute Resolution at the Waldorf Astoria DIFC opened by Derek Sweeting QC on behalf of The Bar Council of England and Wales. It is expected that this mission will bring £750,000 in new business for the sector with 28 industry leaders and 90 Middle East legal experts to help boost trade between the two regions. The trade mission will continue onto Israel and Qatar to promote English Law.
Justice Minister, Lord Wolfson QC, said:
“This trade mission will build on our efforts to forge international partnerships to increase trade for the legal services sector, while showcasing the exceptional legal talent we have to offer.
Legal services contribute a massive £22 billion to the UK economy and will be crucial to ensuring we build back better from the global pandemic.”
In 2020, the GCC – which comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE – spent £233m on UK legal services, making it one of the most lucrative areas for legal professionals to export their expertise.