20 Mar 2017 | 02.35 pm
Arthur Cox Moves To New Green Building
Bespoke HQ still on Earlsfort Terrace
20 Mar 2017 | 02.35 pm
Irish law firm Arthur Cox has moved to new premises on Earlsfort Terrace today. The new 132,000 sq. ft. building is situated on the corner of Earlsfort Terrace and Hatch Street, and will house the firm’s 660 Dublin-based staff.
The new office is only a short distance from Arthur Cox’s previous location on Earlsfort Centre. Ten Earlsfort Terrace was developed for Arthur Cox by Clancourt Group.
According to Brian O’Gorman, managing partner of Arthur Cox: “Our new headquarters have been purpose-built to our specifications by Clancourt Group. Whilst we are moving, we will remain in close proximity to St Stephen’s Green, the home of the firm since its foundation in 1920.”
The design, features and interiors of the building were largely influenced by focus groups made up of trainees, associates, business services, the partnership and the executive team at Arthur Cox. Staff will have the choice of working from multifunctional sit or stand desks, along with soft phone technology.
The new building is 26% more energy efficient than required under current building regulations. It has the highest achievable environmental rating for the shell and core and fit-out. The building uses rainwater harvesting to provide up to 40% of water used, has an efficient combined heat and power system, and generates its hot water from rooftop solar panels.
O’Gorman (pictured below) said that the law firm has been busy over the past year, though not as busy as 2015/early 2016, which he described as an exceptionally busy time. “That said, we maintained our position at the top of Mergermarket tables for advising on the highest value Irish transactions in the market in 2016,” he said.
“Our Financial Regulation team is currently advising a number of companies domestically and internationally and in particular around authorisations for payment institutions and financial institutions in Ireland, including E-money licensing. We foresee this area continuing to grow particularly as Article 50 is invoked.”
O’Gorman added that Arthur Cox has expanded significantly in recent years, and appointed three new partners to the Dublin office this month in the areas of Competition and Regulated Markets, Employment and Litigation. “In line with the firm’s international strategy, additional appointments will be made at our London and New York offices later this year,” said O’Gorman.
“There has been a great deal of uncertainty across all markets as a result of the Brexit vote last June, which caused the number of larger transactions taking place to slow down from the levels we were seeing in 2015 and 2016. As geopolitical uncertainty abounds, we expect that slower pace to remain the same for the next 12 – 18 months.”